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20106 2nd Ave E
Spanaway, WA 98387 Spanaway

$795,999 USD

Land For Sale  •  1.43 AC

Property Details

  • Property Type Land
  • Lot Size 1.43 AC
  • Zoning MSF
0 Transit Score
17 Walk Score

Description

This offering consists of a mobile home park investment opportunity situated on approximately 62,290 SF (˜1.43 acres) across three tax parcels. The property includes five mobile home pads, with four existing homes and one vacant pad ready for development. Two shared wells and five septic systems are in place, along with public water access.
The asset is being sold As-Is, Where-Is, providing full flexibility for an experienced investor to reposition and stabilize operations. Current tenants have not paid rent in over a year, and no leases are in place, creating a unique opportunity to restructure tenancy and maximize returns.

Highlights

Property offered As-Is, Where-Is with full flexibility to restructure leases and reposition the asset
Ideal for an experienced investor to stabilize and maximize returns

Public Transportation

Commuter RailDriveWalkDistance
Lakewood Station (Seattle - Tacoma/Lakewood - Sound Transit) 19 min - 9.6 mi
AirportDriveWalkDistance
Seattle-Tacoma International 55 min - 32.8 mi
Sherrie Sells 253-381-4994 RE/MAX Residential Office
Sherrie Sells 253-381-4994 RE/MAX Residential Office