Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2522085
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Request Info21021 old highway 9 SWCentralia, WA 98531
Multi-Family · 29 Beds · 89,289 Sq. ft. | 2.05 Acres$2,200,000
Pending Feasibility
21021 old highway 9 SW Overview
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Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.
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21021 old highway 9 SW Facts & Features
- Type Multi-Family
- Sq. ft. 89,289
- Price/Sq.ft. $25
- Lot 2.05 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Centralia
Income/Expenses
- Other Expense: 36011
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 330888
- Insurance Expense: 2691
- Net Operating Income: 233775
- Total Expenses: 64024
- Total Monthly Income: 27574
- Water/Sewer/Garbage: 19907
Building Information
- New Construction: No
- Year Built: 1940
Location/Region
- Country: US
- County Or Parish: Lewis
- MLS Area Major: 426 - Centralia
- Subdivision Name: Grand Mound
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $5,415.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 42201000300
- Possible Use: See Remarks
- Property Condition: Fixer
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 89289
- Building Area Units: Square Feet
- Calculated Square Footage: 89289
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: See Remarks
- Foundation Details: See Remarks
- Heating: Yes
- Leasable Area: 0
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: See Remarks
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Features: RV Parking
- Parking Total: 45
- Parking Uncovered Total: 45
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 2.0498
- Lot Size Dimensions: 89,298
- Lot Size Square Feet: 89289
- Lot Size Units: Square Feet
- Site Features: RV Parking
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront Features: Low Bank
- Waterfront: Yes
Building Exterior/Construction
- Roof: See Remarks
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: See Remarks
- Number Of Units Total: 25
- Sewer: Septic Tank
Unit Information
Unit 11 Details
- Actual Rent: 1025
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 1075
- Beds Total: 1
- Baths Total: 1
Unit 14 Details
- Actual Rent: 1075
- Beds Total: 1
- Baths Total: 1
Unit 15 Details
- Actual Rent: 1075
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1310
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1400
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1525
- Beds Total: 2
- Baths Total: 1
Unit 12 Details
- Actual Rent: 1775
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1875
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1892
- Beds Total: 2
- Baths Total: 1
Unit 18 Details
- Actual Rent: 425
- Beds Total: 1
- Baths Total: 1
Unit 16 Details
- Actual Rent: 650
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 850
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 850
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 19 Details
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 25 Details
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 21 Details
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 22 Details
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 23 Details
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 24 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 20 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 17 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
21021 old highway 9 SW Neighborhood
Community
98531 (Centralia) Demographics
39
Median Age
190
Population Density (per sq. mile)
29%
College Educated
$45,972
Estimated Median Income
6,278
Estimated Total Home Owners
4,275
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.21021 old highway 9 SW Monthly Cost
21021 old highway 9 SW Market Data
Based on the last 30 days in this zip code
$449,156
Average List Price
$252
Average Price per Square Foot
31
Properties Sold
92
Average Days on Market
177
Properties for Sale
21021 old highway 9 SW History
| Date | Value | Agent |
|---|---|---|
| 5/21/2026Source: NWMLS | Pending Feasibility |
|
| 5/13/2026Source: NWMLS | May 13, 2026 |