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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Mobile home & RV parks
303 8th St Sultan, WA 98294-9421
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0999324
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1998
Construction
WOOD
Total area
1,728 SF
Lot
0.86 ac (37,462 SF)
Zoning code
HD
APN
28083200311600
UPID
US90-0999324
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Lakeshore Collective LLC · 1 yrs held
Lakeshore Collective LLC
since 2025
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
HD · Sultan, 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 Sultan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sultan 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
$910,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.13M (Feb 24 2025)
Last sale anchor
$1.13M
Feb 24 2025
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
$590 / 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
$5,792
Tax year 2023
Assessed value
$740,000
Assessed 2023
Previous assessed
$614,900
+20.3% YoY
Effective rate
0.78%
On assessed value
Assessed land
$214,900
Assessed improvement
$525,100
Land market value
$214,900
Improvement market value
$525,100
Total market value
$740,000
Applied tax rate
805.0000
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
1998
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Stories
2
Rooms
4
Bathrooms
5
Total area
1,728 SF
Lot
0.86 ac (37,462 SF)
Zoning code
HD
APN
28083200311600
UPID
US90-0999324
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
HD · Sultan, WAZoning HD · permitted uses
HD · Sultan, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Rooms
4
Bathrooms
5
Lot
0.86 ac
Current owner
From public records · entity-resolved
Lakeshore Collective LLC
Entity
Mailing address
PO BOX 136, SULTAN, WA 98294-0136
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
$1,125,000
Lakeshore Collective LLC
G 3 INC
Warranty Deed
$675,000 · G 3 INC
May 7, 2008
—
G-3 INC
Green,charles T & Delores B
Quit Claim Deed
related
—
Jun 1, 1989
$85,000
Charles T Green
Unknown
Grant Deed
$63,750 · Seller
—
—
Charles T Green
—
Deed Of Trust
related
$40,500 · Seafirst Bank
—
—
C T Green
—
Deed Of Trust
related
$40,843 · First Heritage Bank
—
—
C T Green
—
Deed Of Trust
related
$100,000 · First Heritage Bank
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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