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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Mobile home & RV parks
296 Is Aire Dr 39, Woodland, WA 98674-9558
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2784554
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
680 SF
Lot
4.66 ac (202,990 SF)
Zoning code
LDR-6 : WDL
APN
064515-034
UPID
US90-2784554
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Horseshoe Lake Community LLC - RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Horseshoe Lake Community LLC · 3 yrs held
Horseshoe Lake Community LLC
since 2023
Last sale
$2.4M
5 recorded transactions
Zoning & alternative use
LDR-6 : WDL · Woodland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Woodland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,775,000
ML approach
$1,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.40M (May 11 2023)
Last sale anchor
$2.40M
May 11 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$3,125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,794
Tax year 2023
Assessed value
$2,101,800
Assessed 2023
Previous assessed
$1,910,700
+10.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$491,260
Assessed improvement
$1,610,540
Land market value
$491,260
Improvement market value
$1,610,540
Total market value
$2,101,800
Applied tax rate
10,099.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
680 SF
Lot
4.66 ac (202,990 SF)
Zoning code
LDR-6 : WDL
APN
064515-034
UPID
US90-2784554
Jurisdiction
CLARK
Zoning & alternative use
LDR-6 : WDL · Woodland, WA
Zoning LDR-6 : WDL · permitted uses
LDR-6 : WDL · Woodland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
4.66 ac
Current owner
From public records · entity-resolved
Horseshoe Lake Community LLC
Entity
Mailing address
585 BETHEL AVE STE #202, PORT ORCHARD, WA 98366-4544
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2023
$2,400,000
Horseshoe Lake Community LLC
Estate Of Martin Favelke
Warranty Deed
$1,920,000 · Gesa Cu
May 30, 1997
$1,150,000
Faveluke,martin
Macdonald,gary J
Trustees Deed
—
May 30, 1997
—
Gary J Macdonald
Hollywood Investment Co LLC
Quit Claim Deed
related
—
Dec 30, 1996
—
Hollywood Investment Co LLC
Macdonald,gary J
Quit Claim Deed
related
—
Jan 2, 1992
$470,000
Gary J Macdonald
Unknown
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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