Property profile

3418 Spg Crk Ln Spokane, WA 99224

OFF-MARKET
Mobile home & RV parks
Property ID
US90-1893601
540 SF 8.77 ac lot Built 1900
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving 24-unit RV park nestled on a picturesque 8.77-acre lot in Spokane, WA. Boasting a prime location less than 10 minutes from downtown, this highly sought-after park enjoys consistently high occupancy rates, with a typical waiting list for available spaces. The property includes city water and sewer connections, and electricity is readily available at each lot. Adding to its appeal, the park features two residential properties: a newly remodeled three-bedroom home and a newly remodeled one-bedroom home, providing additional income potential or on-site management options. A spacious 24' x 24' shop further enhances the property's functionality. The park's reputation precedes it, consistently earning top ratings in the area. This turnkey operation offers a rare chance to acquire a well-established and profitable business. Note that a separate, undeveloped 28.55-acre parcel is also available for purchase, presenting significant expansion potential for a discerning investor. The asking price for this exceptional property is $2,600,000. This is a unique opportunity to own a successful and highly-rated RV park in a desirable location. Don't miss out on this chance to acquire a proven income-generating asset.

Property profile

Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Year built 1900
Total area 540 SF
Lot 8.77 ac (382,021 SF)
APN 25361.0047
UPID US90-1893601

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3418 Spg Crk Ln Spokane, WA 99224-9646
Spokane metro Census 3900 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$2.6M
3 recorded transactions
2025
$2.6M
2021
Price N/A
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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