18289 E State Route 3

Land

18289 E State Route 3, AllynWA 98524

Property Details

Location

Address
18289 E State Route 3, AllynWA 98524
County
Mason
Submarket
CBA Mason County
Parcels
122205077001

Building Size

Building Size

Building Details

Type
 Land
Number of Buildings
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
3.41 Acres
Land (SF)
148,540 SF
Zoning
VC
Lot Depth
Lot Width

Contacts

Current Listings

Allyn View Estates

$4,100,000
Cap Rate: 5.14%

Allyn View Estates is a 36 Space well-cared for 55+ Community nestled in the heart of historic Allyn, Washington (Mason County) that features beautiful panoramic views of the Puget Sound! This property was built in 1990 and includes 19 Manufactured home sites, 17 full time RV Sites and operates on City Water & Sewer (sub-metered).

Upside includes additional 4-6 sites in gravel area that is situated right near city lines for easy hookup. Park rents are well under market at $490 for RV’s and $590 for mobile homes, compared to market rent for the area which range from $600 - $750 plus utilities. The next rent increase is scheduled for October 1, 2022.

Allyn View Estates is a 36 Space well-cared for 55+ Community nestled in the heart of historic Allyn, Washington (Mason County) that features beautiful panoramic views of the Puget Sound! This property was built in 1990 and includes 19 Manufactured home sites, 17 full time RV Sites and operates on City Water & Sewer (sub-metered).

Upside includes additional 4-6 sites in gravel area that is situated right near city lines for easy hookup. Park rents are well under market at $490 for RV’s and $590 for mobile homes, compared to market rent for the area which range from $600 - $750 plus utilities. The next rent increase is scheduled for October 1, 2022.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

BROKER

Source: CBA

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