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$675,000   Price Analysis
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30612 SR 706 E
Ashford, WA 98304
Unknown bed 0 bath 6,554 SqFt ($102/SqFt)
4.1 acre lot. Built 1968
Listed 2024-02-08, Taxes $1,798
USDA Eligible
near Ashford, WA
 Restrictions may apply
due to home size

This is the biggest opportunity that Ashford has to offer!

* Sale Pending *

This property, as-is, is a near 6% cap rate. There are currently 5 mobile homes, 1 manufactured home and 1 stick built hom e on the property with an allocated mobile home slot nd 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!


Presented by Gervon Simon at
COMPASS Tacoma.
Listing Agent Photo

Property MLS #2197818 from NWMLS

Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet

Heating Features: Forced Air
Heating Fuel: Electric
Heating: Yes

Metal/Vinyl
Wood Products

Carport Spaces: 5
Open Parking Spaces: 14
Open Parking: Yes
Parking Total: 19

Lot Description: Paved Street
Lot Size Acres: 4.101
Lot Size Square Feet: 178642

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Eatonville
Middle School: Buyer To Verify

Eatonville High School is a public high school located approximately 13.7 miles away.
directions icon Map directions

Columbia Crest Elementary School is a public elementary and middle school located approximately 3.8 miles away.
directions icon Map directions

Gross Scheduled Income: 67440
Leasable Area: 6554
Leasable Area Units: Square Feet

Calculated Total Monthly Association Fees: 0

Bedrooms in Unit-1: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 3
Bedrooms in Unit-9: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 2
Total Bathrooms in Unit-9: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-6 Description: 7
Unit-7 Description: 6
Unit-8 Description: 8
Unit-9 Description: 9
Unit-1 Square Feet: 924
Unit-3 Square Feet: 480
Unit-4 Square Feet: 924
Unit-6 Square Feet: 934
Unit-7 Square Feet: 924
Unit-8 Square Feet: 1404
Unit-9 Square Feet: 964
Unit 1 Total Actual Rent: 690
Unit 3 Total Actual Rent: 540
Unit 4 Total Actual Rent: 550
Unit 6 Total Actual Rent: 690
Unit 7 Total Actual Rent: 800
Unit 8 Total Actual Rent: 1525
Unit 9 Total Actual Rent: 825

Annual Tax Amount: 5254.25
Source Listing Status: Pending Inspection
Country Region: US
County: Pierce
Cap Rate: 5.17
Directions: GPS
Tax Year: 2024
Other Expense: 16671.88000000
Source Property Type: Multi-Family
Insurance Expense: 900
Area: 128 - Ashford
List Development Name: Ashford
Source Neighborhood: Ashford
Parcel Number: 0615271067
Postal Code Plus 4: 9217
Subdivision: Ashford
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2021$112,300 + $65,900
$178,200
$1,798
2020$91,800 + $55,700
$147,500
$1,706
2019$85,400 + $48,700
$134,100
$1,522
2018$85,200 + $46,400
$131,600
$1,683
2017$78,600 + $40,400
$119,000
$1,547
2016$77,500 + $33,100
$110,600
$1,630
2015$79,600 + $29,100
$108,700
$1,582
2014$81,500 + $26,500
$108,000
$1,603
2013$75,600 + $26,500
$102,100
$1,598
2012$71,600 + $28,200
$99,800
$1,510
2011$76,600 + $31,800
$108,400
$1,301
2010$64,900 + $33,500
$98,400
$1,199
2008$65,300 + $42,300
$107,600
$1,055

Price Changed 2024-05-24
$675,000
NWMLS
Listed 2024-02-08
$700,000
NWMLS
Sold 2021-07-13
$300,000
NWMLS
Price Changed 2021-06-15
$300,000
NWMLS
Relisted 2020-12-05
$624,900
NWMLS
Listing removed 2020-12-02
$0
NWMLS
Listed 2020-07-16
$624,900
NWMLS

Net Operating Income: 36245
Operating Expense: 27823.18999999

Electric Expense: 210.46
Power Production Type: Electric
Sewer: Septic

Building Area Units: Square Feet
Foundation Details: Poured Concrete, Tie Down
Living Area Units: Square Feet
Property Age: 56
Roof: Metal
Building Total Stories: 1
Structure Type: Multi Family
House Style: 10+ Units
Elevation Units: Feet
Year Built Effective: 1968
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.