Centralia rental portfolio that includes 6 buildings with 21 total apartments offered at a 7.77% cap rate. Many long-term tenants and easy to rent. Properties are all located within a block to .7 miles away from each other. Addresses include 1003 N Tower Ave, 923 N Tower Ave, 925 N Tower Ave, 904 N Pearl Ave, 108 N Gold, and 216 N Gold St. Rent roll available upon request. Do not disturb the tenants-no real estate signs.
Here is your opportunity to own your own mobile home park! A 55 and older mobile park with an additional house as well! Tenants own their own mobile homes and pay space rent. There are 11 current pad sites -9 spaces currently rented, 2 spaces vacant and the house is currently rented. There is a large gap in the park where a house once was- put in more pad spaces? Detached shop was once a rented studio apartment that has since been gutted - could be torn down for an additional pad site as well. Tons of potential here!
Great investment potential, three homes on a little over an acre. This property is also considered commercial for a possible in home business or hotel. Right next to the King Oscar Motel. Excellent location, close to the factory outlets, restaurants, grocery stores, and freeway. Also possible owner financing.
Centralia is located in Washington. Centralia, Washington has a population of 17,988. Centralia is more family-centric than the surrounding county with 27.11% of the households containing married families with children. The county average for households married with children is 26.85%.
The median household income in Centralia, Washington is $43,860. The median household income for the surrounding county is $60,581 compared to the national median of $69,021. The median age of people living in Centralia is 37.3 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 49.6 inches per year, with 5.6 inches of snow per year.