155 Chapman Rd
Morton, WA 98356
Tilton River Mobile Home Park · Multifamily Property For Sale
·
23,000 SF
Property Facts
| Property Type | Multifamily | Building Size | 23,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 82% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1965 |
| Lot Size | 12.65 AC | ||
| Zoning | RDD20 | ||
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 12.65 AC |
| Building Size | 23,000 SF |
| Average Occupancy | 82% |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | RDD20 |
About 155 CHAPMAN RD , MORTON, WA 98356
The subject property is 23-space manufactured home community located at 155 Chapman Road, Morton, WA 98356, commonly known as Tilton River Mobile Home Park. The park is leased to favorable tenant mix of local residents. The site is comprised of four parcels totaling 12.67 acres. The park is well-maintained with luscious trees and landscape and is near the Tilton River. The park is on well water and septic. The park has undergone recent improvements including newer septic system installed in 2006, well water upgrade in 2015, and more. Three of the spaces are vacant providing upside in leasing the unoccupied space(s). Additional upside comes in the form of increasing current rents to market level and/or implementing water/utility charge billbacks or pass-thru to tenants.
Property Taxes
| Parcel Number | 029791-000-000 | Improvements Assessment | $298,200 |
| Land Assessment | $61,700 | Total Assessment | $359,900 |
Property Taxes
