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20106 2nd Ave E, Spanaway, WA 98387

  • $549,990

  • bed

  • bath

House for sale 28 hours
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About 20106 2nd Ave E

Property type House
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 1.43 Acre
Movoto estimate
Property description
Investor Opportunity – Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.
Listed by
Listing Agent - Indy Basra
Listing Office - Every Door Real Estate
Source: NWMLS mls logo
MLS#2546792 • last updated 1 day ago
Movoto checked NWMLS for data 22 minutes ago
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Overview
Cooling/AC None
Heating None
Levels/Style Multi Family
MLS # 2546792
SubType Multi Family
Type Residential Income
Status Active
Lot Size (SqFt) 62290
Lot Size (Acres) 1.43
Property Tax 3131
Year Built 1978
Exterior
Construction Wood
# Parking Spaces 15
# Uncovered Spaces 15
Amenities / Utilities
Sewer/ Septic Septic Tank
Power Production: Type Electric
Location
County Pierce
Subdivision Spanaway
Area 99 - Spanaway
High School District Bethel
APN 318044037
Directions GPS Friendly
Multifamily Details
Total Expenses 3131
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  • Real Estate
  • WA
  • Pierce County
  • Spanaway
  • 98387
  • 20106 2nd Ave E

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