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!
When working with GQ Home Team you are working with me. Every member of my team I support, train, and ensure that they are growing to better serve those that we are blessed to call clients!
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