Pending · Residential Income
21021 old highway 9 SW, Centralia, WA 98531
Centralia, WA 98531
$2,200,000
— bedrooms · — bathrooms · 0 sq ft
Listing provided by COMPASS · MLS #2522085 · Pending
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About this property
Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.
Property details
- Property type
- Multi Family
- Year built
- 1940
- Lot size
- 89,289 sq ft
- Association dues
- $0 · frequency not provided
- Annual property tax
- $5,415 (2026)
- Parking spaces
- 45
- School district
- Centralia
Listings courtesy of Northwest MLS as distributed by MLS GRID.
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