21021 old highway 9 SW, Centralia, WA 98531
See all 10 photos
21021 old highway 9 SW, Centralia, WA 98531
21021 old highway 9 SW, Centralia, WA 98531
21021 old highway 9 SW, Centralia, WA 98531
21021 old highway 9 SW, Centralia, WA 98531
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kara Meloy

Kara Meloy

+1(509) 393-9327
Listed by:COMPASS • Erich Bubbel
$ 2,200,000
Est. payment /mo
Save
New

21021 old highway 9 SW Centralia, WA 98531

29 Beds

25 Baths

89,289 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 89,289 sqft

Price per Sqft $24

Subdivision Grand Mound

MLS Listing ID 2522085

Style 56 - 10+ Units

Bedrooms 29

Year Built 1940

Annual Tax Amount $5,415

Lot Size 2.050 Acres

Lot Dimensions 89,298

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Lewis

Area 426 - Centralia

Interior

Flooring See Remarks

Fireplace false

Exterior

Exterior Feature See Remarks

Amenities Available RV Parking

Waterfront Description Low Bank

View Y/N No

Roof Type See Remarks

Building

Sewer Septic Tank

New Construction No

Schools

School District Centralia

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

Kara Meloy

Kara Meloy

Real Estate Advisor | License ID: 20120373

+1(509) 393-9327

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Kara Meloy, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

21021 old highway 9 SW