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Listed price in listed location currency (USD).
$1,799,900

000

MLS® 2503544

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 9
Lot Size 
Approx. Age 
MLS® Number 2503544

Property Address: 1907 Olympic Highway N, Shelton, WA, 98584

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to Mountain View Park, located at 1907 Olympic Highway N, Shelton, WA 98584. $217, 392 Gross Proforma, $116, 992 Net Proforma, and a 6.496% Proforma Cap Rate. Net income has strong upside potential through sub-metering water and power, passing through garbage expenses, and transitioning to self-management. Current proforma assumes lease-up of vacant units and a 5% rent increase effective March 1, 2026 on 25 occupied units. The park includes 31 total units with city water and sewer: 30 mobile, RV, and cottage rentals, plus an office building with conversion potential. Currently, 25 units are rented, with 5 vacant units available to lease. Some vacant units require improvements before becoming operational. Don’t miss this excellent opportunity to own an income-generating property with significant upside. Please view with discretion and do not disturb tenants. Thank you for your understanding.
MLS® Number2503544
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$1,799,900List Price
  • Commute

Commute

Starting Address
Destination Address
1907 , Shelton, WA

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