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Investment Highlights

  • 74 Mobile Home Units (All Tenants Owned) plus Quality Remodeled Single Family Home rented out at $3,600/month.
  • Current Rents Range $850 with new tenants paying $890/month in addition to submetered Water & Garbage
  • Ability to add spaces by either removing the large storage building (72x40- 2,880 sq ft) or removing the fruit orchard next to stickbuilt home
  • Property Built in 1990 on 20 Acre Parcel
  • Property is conveniently located with access to Interstate 5, approximately 27 miles from Bellingham and 72 miles from Seattle
  • Park Operates on Private Septic System with each home site supported by its own 1,000-gallon septic tank and drain field

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,102,352 $14.90
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,102,352 $14.90
Taxes $117,410 $1.59
Operating Expenses $184,737 $2.50
Total Expenses $302,147 $4.08
Net Operating Income $800,205 $10.81

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $1,102,352
Annual Per SF $14.90
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,102,352
Annual Per SF $14.90
Taxes (CAD)
Annual $117,410
Annual Per SF $1.59
Operating Expenses (CAD)
Annual $184,737
Annual Per SF $2.50
Total Expenses (CAD)
Annual $302,147
Annual Per SF $4.08
Net Operating Income (CAD)
Annual $800,205
Annual Per SF $10.81

Property Facts

Price $13,286,187 CAD
Price Per Unit $177,149 CAD
Sale Type Investment
Cap Rate 6.02%
No. Units 75
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class B
Lot Size 20.00 AC
Building Size 74,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1990
Zoning CE

Amenities

Site Amenities

  • Courtyard
  • Property Manager on Site
  • Trash Pickup - Curbside
  • Walking/Biking Trails
  • Green Community

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 75 $1,219 CAD 1,000
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
P39908
Land Assessment
$10,391,716 CAD
Improvements Assessment
$1,667,485 CAD
Total Assessment
$12,059,201 CAD
Annual Taxes
$117,410 CAD ($1.59 CAD/SF)
Tax Year
2025
  • Listing ID: 40268444

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 24835 Hoehn Rd, Sedro-Woolley, WA 98284

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