151 Cowlitz Gardens Lane $750,000

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    151 Cowlitz Gardens Lane Kelso, WA 98626

    • 1.16 Acres
    • Commercial/Industrial
    Listing# 1359698 | Pending

    $750,000

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    Days On Market: 341 4 Views
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    Property Details

    Easy income with this small manufactured home & RV park along the Cowlitz River. This property has 16 spaces with full occupancy & most are long term renters. Available at a 7.13% Cap rate. Recent updates have been made to the property including coin op showers, on site storage, updated laundry facility, new pavement throughout the park, & great on site manager make this income property easy. Motivated out of area seller. Call today for additional information.

    • General Features
      • County Cowlitz
      • Zoning Class Commercial, Multi-Family, Residential
      • Zoning Jurisdiction See Remarks
      • Style 72-Mobile Home Park
      • Approx Building SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Property Features
      • Lot Square Footage 50,530
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 9125
      • Sewer Septic
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 9
      • Cap Rate -NOI div LP 7.13
      • Gross Scheduled Income $79,643
      • Gross Adjusted Income $79,643
      • Total Expenses $26,162
      • NOI $53,481
      • Electrical Expenses $2,235
      • Tax Expense $3,255
      • Heating Expense $0
      • Insurance Expense $1,517
      • Annual Assoc. Dues $0
      • Other Expenses $9,588
      • Tax Year 2018

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    Neighborhood

    98626 (Kelso) Demographics

    40Median Age
    176Population Density (per sq. mile)
    24%College Educated
    $46,731 Estimated Median Income
    5,907Estimated Total Home Owners
    3,191Estimated Total Renters
    65% / 35%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    24,068Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $227,900 Median Sales Price
    29 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $750,000
        7/30/2019 4:51:12 PM Status Changed Source New Value: Pending
        4/3/2019 4:41:05 PM Status Changed Source New Value: Active
        2/26/2019 2:11:16 PM Status Changed Source New Value: Pending
        9/11/2018 12:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.