103 10th Street, Sultan, WA 98294
- $899,999
Listing Broker: KW North Sound; Anton Stetner; 425-879-7933; antonstetner@gmail.com
- List Price
- $899,999
- Status
- ACTIVE
- MLS#
- 2593142
- Days on Market
- 1
- Annual Tax Ammount
- 5657
Property Description
Check out this awesome 8-space mobile home park! An excellent opportunity for investors looking to add a well-positioned income property to their portfolio. Offering an 7.7% cap rate, this park delivers strong returns with the added benefit of city water and sewer. Space rents include water, sewer, and garbage, with residents responsible for all other utilities, keeping operations simple and expenses predictable. Located just 7.5 miles from Monroe, the property offers convenient access to shopping, services, and major routes. Whether you’re expanding your holdings or making your first move into mobile home park investing, this is one you won’t want to miss. Buyer to verify all information to own satisfaction.
Additional Information
- Community
- Sultan
- Style
- 72 - Mobile Home Park
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Driving Directions
- Head east on US-2 E toward Fern Bluff Rd Turn right onto 10th St
- Other Expenses
- 100
- Net Operating Income
- $69,238
- Gross Adjusted Income
- $93,195
- Gross Scheduled Income
- $98,100
- Water/Sewer/Garbage Expenses
- $17,000
- Cap Rate
- 7.7
- Vacancy Rate
- 5
- Total Expenses
- $23,957
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.