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20106 2nd Ave E 1.43 Acres of Commercial Land Offered at $1,110,578 CAD in Spanaway, WA 98387
INVESTMENT 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
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,110,578 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.43 AC |
| Property Type | Land | ||
| Zoning | MSF | ||
| Price | $1,110,578 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 1.43 AC |
| Zoning | MSF |
1 LOT AVAILABLE
Lot
| Price | $1,110,578 CAD | Lot Size | 1.43 AC |
| Price Per AC | $776,637.62 CAD |
| Price | $1,110,578 CAD |
| Price Per AC | $776,637.62 CAD |
| Lot Size | 1.43 AC |
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.
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20106 2nd Ave E
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