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Sequim Tiny Home Village 261131 US-101 Hwy 20 Unit Mobile Home Park $2,963,300 CAD ($148,165 CAD/Unit) 7.10% Cap Rate Sequim, WA 98382
Executive Summary
This newly completed RV park offers 20 spaces with sewer, water , and garbage paid by the tenants and the spaces renting for $795/mo. Recently appraised at $2.375M. Great opportunity to own high demand monthly RV spaces with almost nothing to maintain or convert to nightly rentals to increase profits.
Data Room Click Here to Access
- Operating and Financials
- Third Party Reports
- Investigations
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$261,154
|
$4.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$13,058
|
$0.24
|
| Effective Gross Income |
$248,096
|
$4.48
|
| Taxes |
$8,212
|
$0.15
|
| Operating Expenses |
$32,440
|
$0.59
|
| Total Expenses |
$40,653
|
$0.73
|
| Net Operating Income |
$207,443
|
$3.75
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $261,154 |
| Annual Per SF | $4.72 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $13,058 |
| Annual Per SF | $0.24 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $248,096 |
| Annual Per SF | $4.48 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,212 |
| Annual Per SF | $0.15 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $32,440 |
| Annual Per SF | $0.59 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,653 |
| Annual Per SF | $0.73 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $207,443 |
| Annual Per SF | $3.75 |
Property Facts
| Price | $2,963,300 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $148,165 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.27 AC |
| Cap Rate | 7.10% | Building Size | 55,321 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 20 | Year Built | 2025 |
| Property Type | Multifamily | Cross Streets | Carlsborg |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | CGC - Carlsborg General Commercial | ||
| Price | $2,963,300 CAD |
| Price Per Unit | $148,165 CAD |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| Sale Condition | 1031 Exchange |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 55,321 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Cross Streets | Carlsborg |
| Zoning | CGC - Carlsborg General Commercial |
Amenities
Site Amenities
- 24 Hour Access
- Fenced Lot
- Pet Play Area
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | $1,088 CAD | 850 |
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Sequim Tiny Home Village | 261131 US-101 Hwy
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