$520,000
( )
 $2,791 est/mo Sourced by Back At You

20106 2nd Avenue,Spanaway, WA 98387

Spanaway, WA 98387

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Description

Now Offering Owner Financing 30% down 7% interest rate Balloon payment due in 2 years! Investor Opportunity - Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.

Details

MLS #2545130
Listing TypeFor Sale
StyleCommercial Industrial
Sub-TypeResale
StatusActive
Days On Site77
Listing Provided ByEvery Door Real Estate | Indy Basra

Features

Taxes

Property3131

Area Information

StateWA
CountyPierce
CitySpanaway
Zip Code98387
Area99 Spanaway
Community NameSpanaway
Listing VS Median (in Spanaway)
Price:
$520,000
low | high
Med:
$517,450
50.490384615385% of Average
On site:
77
low | high
Med:
20
100% of Average
Sourced by Back At You

Market Activity 98387

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Learn More About This Property

StateWA
CountyPierce
CitySpanaway
Zip Code98387
Area99 Spanaway
Community NameSpanaway
Listing VS Median (in Spanaway)
Price:
$520,000
low | high
Med:
$517,450
50.490384615385% of Average
On site:
77
low | high
Med:
20
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $390K - $650K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
20106 2nd Avenue Property Photo 1
$520,000
20106 2nd Avenue
Spanaway, WA 98387
Listing Updated: September 1, 2026 at 1:10:49 PM PDT