30612 Sr 706 Street East
30612 Sr 706 Street East
Ashford, WA 98304
$700,000
Price
16
Beds
8
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listed By Compass
Listed By Compass
Listing provided courtesy of COMPASS
Description
This is the biggest opportunity that Ashford has to offer! This property, as-is, is a near 6% cap rate. There are currently 5 mobile homes, 1 manufactured home, and 1 stick built home on the property with an allocated mobile home slot and a spot to rent to an RV. You can keep the property layout as-is and replace the mobile homes with newer ones to increase the rents, while also rehabbing the manufactured home and the stick built house. Re-development is a HUGE opportunity here as the property is...This is the biggest opportunity that Ashford has to offer! This property, as-is, is a near 6% cap rate. There are currently 5 mobile homes, 1 manufactured home, and 1 stick built home on the property with an allocated mobile home slot and a spot to rent to an RV. You can keep the property layout as-is and replace the mobile homes with newer ones to increase the rents, while also rehabbing the manufactured home and the stick built house. Re-development is a HUGE opportunity here as the property is zoned "Village Center" meaning that this 4+ acre parcel can support 12 dwellings, an expanded RV park, mixed-use commercial, and lodging. Just 4 miles from Mt. Rainier National Park and stunning views of the cascades, the opportunities are endless!
Listing Agent
![Gervon Simon]()
gervon.simon@compass.comP: 206.601.4775
Property Details for 30612 Sr 706 Street East
Community Name
Ashford
School DistrictEatonville
Number of Assigned Spaces19
Total Covered Parking0
Entry Date02-08-2024
Energy SourceElectric
SewerSeptic Tank
Location
Listing Courtesy of COMPASS![]()
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LISTING UPDATED: 04/02/2024 12:44 PM
Property Details for 30612 Sr 706 Street East
| Status | Active |
|---|---|
| MLS # | 2197818 |
| Days on Market | 79 |
| Cumulative Days on Market | 36 |
| Taxes | $5,254 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1968 |
| Lot Size | 4.10 AC / 178,642 SF |
| County | Pierce County |
Location
Listing Courtesy of COMPASS![]()
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Building Information for 30612 Sr 706 Street East
Stories1Residences9Year Built1968Building Size-Lot Size4.10 AC / 178,642 SF
Payment Calculator
$4,258 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,820
Property Taxes
$438
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 30612 Sr 706 Street East
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 128 - Ashford
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: GPS
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
- Additional Tax Ids: 4041020200,4057016400,4146079800,42300097090,5000025190,5000075640
Parking
- Number of Carport Spaces: 5.0
- Carport: No
- Open Parking Spaces: 14.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Metal/Vinyl, Wood Products
- Roof: Metal
Property
Utilities
- Water/Sewer/Garbage: 4786.6
- Sewer Company: Septic
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete, Tie Down
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1968
- Photos Count: 33
Lot Information
- Lot Details: Paved
- Lot Size Source: Public Records
- Parcel Number Free Text: 0615271067
- Calculated Square Footage: 0
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 0.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 14
- Number of Stories in Building: 1
- Vacancy Rate: 5
- Number Of Units Total: 9
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $210
- Total Expenses: 27823.19
- Gross Adjusted Income: 64068
- Gross Rent Multiplier: 10.37
- Gross Scheduled Income: $67,440
- Insurance Expense: $900
- Net Operating Income: $36,245
- Other Expenses: $16,672
- Total Monthly Income: 6520
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Square Feet Unit 1: 924
- Rent Unit 1: $690.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Rent Unit 2: $.00
Unit 3
- Name Unit 3: 3
- Square Feet Unit 3: 480
- Rent Unit 3: $540.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Square Feet Unit 4: 924
- Rent Unit 4: $550.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Rent Unit 5: $.00
Unit 6
- Name Unit 6: 7
- Square Feet Unit 6: 934
- Rent Unit 6: $690.00
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 6
- Square Feet Unit 7: 924
- Rent Unit 7: $800.00
- Bedrooms Unit 7: 2
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Square Feet Unit 8: 1404
- Rent Unit 8: $1,525.00
- Bedrooms Unit 8: 3
- Bathrooms Unit 8: 2
Unit 9
- Name Unit 9: 9
- Square Feet Unit 9: 964
- Rent Unit 9: $825.00
- Bedrooms Unit 9: 3
- Bathrooms Unit 9: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 6554.0
- Leasable Area Units: Square Feet
Property History for 30612 Sr 706 Street East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 30612 Sr 706 Street East
This home is within Eatonville School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 10 |
Rating | School | Distance |
|---|---|---|
Columbia Crest Elementary School PublicPK to 8 | ||
Eatonville High School Public9 to 12 | ||
Eatonville Middle School Public6 to 8 | ||
Eatonville Online Academy Public6 to 10 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of COMPASS
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.