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$420,000   Price Analysis
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41101 123rd Avenue Ct E # 1-4
Eatonville, WA 98328
Unknown bed None bath 4,608 SqFt ($91/SqFt)
5.0 acre lot. Built 1986
Listed 2024-05-10
USDA Eligible
near Eatonville, WA
 Restrictions may apply
due to home size

Four manufactured homes on 5 acres.

Property is high and dry with a Mt Rainier view! The mobile home park is grandfathered in by Pierce County. Two doublewides and two singlewide homes.

Gret rental income. Each home is on it's own septic system. Fantastic cap rate. Great for an investor looking to expand their portfolio. Lender available for financing. No drive bys, pls contact an agent to view.


Presented by Lida Cozzetti at
Yelm Windermere Real Estate.
Listing Agent Photo

Property MLS #2223720 from NWMLS

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

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

Metal/Vinyl
Wood Products

Carport Spaces: 1
Parking Features: RV Parking
Parking Total: 8

Lot Description: Dead End Street, Open Space
Lot Size Acres: 5.0
Lot Size Square Feet: 217800

View: Mountain, Territorial

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

Eatonville High School is a public high school located approximately 0.8 miles away.
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Eatonville Elementary School is a public elementary school located approximately 0.9 miles away.
directions icon Map directions

Mt. Rainier Parent Partnership is a public elementary and middle school located approximately 0.9 miles away.
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Gross Scheduled Income: 60000
Leasable Area: 4608
Leasable Area Units: Square Feet

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-1 Square Feet: 1772
Unit-2 Square Feet: 1128
Unit-3 Square Feet: 924
Unit-4 Square Feet: 784
Unit 1 Total Actual Rent: 1400
Unit 2 Total Actual Rent: 1400
Unit 3 Total Actual Rent: 1200
Unit 4 Total Actual Rent: 1000

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 4582
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 8
Directions: From SR702 take Eatonville cut off rd to R on 161(Meridian E), to Left on Ski Park, R onto 410th Crt, slight right onto 123rd Ave Crt E.
Tax Year: 2023
Other Expense: 18600
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1000
List Development Name: Eatonville
Source Neighborhood: Eatonville
Parcel Number: 0416113027
Street Suffix Modifier: Avenue Ct
Subdivision: Eatonville
Zoning: MultiFamily
Property Subtype: Multi-family
Source System Name: C2C
Buyer Agent Commission: 2.5

Listed 2024-05-10
$420,000
NWMLS

Net Operating Income: 33618

Electric Expense: 600
Power Production Type: Electric, Wood
Sewer: Septic
Water Source: Community

Building Area Units: Square Feet
Foundation Details: Post & Block, Post & Pillar
Living Area Units: Square Feet
Property Age: 38
Roof: Composition, Flat, Metal
Building Total Stories: 1
Structure Type: Quadruplex
House Style: 54 - 4-Plex
Elevation Units: Feet
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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.