This is the biggest opportunity that Ashford has to offer! This property, as-is, is a near 6% cap rate. There are currently 5 mobile homes, 1 manufactured home, and 1 stick built home on the property with an allocated mobile home slot and a spot to rent to an RV. You can keep the property layout as-is and replace the mobile homes with newer ones to increase the rents, while also rehabbing the manufactured home and the stick built house. Re-development is a HUGE opportunity here as the property is zoned "Village Center" meaning that this 4+ acre parcel can support 12 dwellings, an expanded RV park, mixed-use commercial, and lodging. Just 4 miles from Mt. Rainier National Park and stunning views of the cascades, the opportunities are endless!
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