3389 Us Hwy 101 Humptulips, WA 98552-9700
This exceptional investment opportunity presents a well-established mobile home park situated on a spacious 9.67 acres in Humptulips, Washington. The property boasts 12 individual single-wide lots, with 10 currently occupied and generating a consistent monthly rental income of $280 per lot. This translates to a substantial annual revenue stream, providing immediate return on investment. The park is conveniently located at 3389 US Highway 101, offering easy access and visibility. The property features its own well water source, eliminating reliance on municipal water services and potentially reducing operational costs. The remaining two vacant lots offer potential for future expansion and increased revenue generation. This established mobile home park presents a compelling opportunity for investors seeking a stable, cash-flowing asset in a desirable location. The ample land provides room for potential future development or improvements. The current occupancy rate demonstrates a strong demand for this type of housing in the area, suggesting a promising outlook for continued rental income. This turnkey operation requires minimal management, making it an attractive option for both seasoned and novice investors. The asking price of $350,000 represents a significant value for this established and income-producing property. This is a rare chance to acquire a profitable mobile home park with immediate cash flow and significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
G5 · Humptulips, WAHumptulips. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.