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12525 W Sunset Highway Airway Heights, WA $ 3,999,000
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$ 3,999,000 Get more info
12525 W Sunset Highway
$ 3,999,000
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Share Save

12525 W Sunset Highway

Airway Heights, WA, 99001
$ 3,999,000
Baths0.0

Monthly Estimate*

$ 26,579

Listed by Real Estate 2000 Inc.
12525 W Sunset Highway, Airway Heights, WA 99001 - Image 1
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View a Virtual Tour
Studio

Commercial Property for sale in Airway Heights, WA

for $3,999,000. This building was built in 1955 on a lot size of 4.1661.

FLEXIBLE OWNER FINANCING!!! 2023 Financials; Gross: $715,977, Net: $410,838, Cap: 10.3%. 2024 Proforma (5% Increase); Gross: $751,776, Net: $431,380, Cap: 10.8%. 51 Unit All Seasons Mobile Home & RV Park And Motel On 4.17 Acres. This Includes 15 Park Owned Single Wides And One Park Owned Double Wide, 10 RV Spaces, One Single And 23 Double Room, Motel. 2,400 Sq Ft Warehouse, And Used Car Lot. Zoned C1-A. Redevelopment Potential For Retail, Office, Motel, Restaurants and More! Buyer and Buyers Agent To Verify Development Applications. City Water And Sewer. Recent Upgrades: $40,000 Roof On Hotel And 10 New RV Spaces Added In 2016, $300,000 New Sewer Line and Hookups to Motel And Mobile/RV Units In 2017/2018, $25,000 Road Upgrade.

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Commercial Active

Price

$ 3,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mobile Home Park

Lot Size

4.1661

Year Built

1955

Town/City

Airway Heights

County/Region

Spokane

MLS | Web ID

2136775
Features
General
Sewer Sewer Connected
Possession Closing
HOA 0
Year Built 1955
Property SubType Commercial Industrial
County Spokane
Net Operating Income 461898
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Airway Heights
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Head west on I-90 W exit 277 for US-2 W Continue onto US-2 W/U.S. Rte 2 W At the traffic circle take the 2nd exit onto U.S. Rte 2 W Turn left onto S Campbell St Turn left Turn Right
City Airway Heights
Buyer Agent Compensation 2
Senior Community Y/N N
NumberOfUnitsTotal 0
MLS Area 561 - Spokane County
Lot Size Units Square Feet
Lot Size Square Feet 181475
Carport Y/N N
Street Name Sunset
Listing Terms Cash Out Conventional Owner Financing
Public Remarks FLEXIBLE OWNER FINANCING!!! 2023 Financials; Gross: $715 977 Net: $410 838 Cap: 10.3%. 2024 Proforma (5% Increase); Gross: $751 776 Net: $431 380 Cap: 10.8%. 51 Unit All Seasons Mobile Home & RV Park
Virtual Tour https://www.tourfactory.com/idxr3092244
Structure Type Manufactured House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Zoning Class Commercial
Property Style 72 - Mobile Home Park
Cap Rate 11.6
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Highway
Bedrooms Possible 0
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 4.1661
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2136775
Street Number 1 12525
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* Excluded Features
List By
David M. Hilbert

Listing Agent

Real Estate 2000 Inc.

Broker

Affordability Calculator

$26,579
Per Month
100%
0%
0%
Monthly Principal & Interest
$26,579
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/23/2024$3,999,000 -2.44% Price Down
11/16/2023$4,099,000 -2.38% Price Down
7/11/2023$4,199,000 Listed Price

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12525 W Sunset Highway, Airway Heights, WA, 99001 is a Commercial Property for sale at $3,999,000 with a lot size of 4.1661. 12525 W Sunset Highway is a studio with 0.0 baths and was built in 1955. The property's zip code is 99001 which is in Airway Heights, WA

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