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.
Pending feasibility
Listed by: COMPASS • Erich Bubbel
$2,200,000
21021 old highway 9 SW, Centralia, WA 98531
29beds
25baths
89,289sqft
Multi Family
Built in 1940
-- sqft lot
$2,147,800 Zestimate®
$25/sqft
$-- HOA
What's special
- 119 days
- 11
- 0
Zillow last checked:
Listing updated:
Listed by:
Erich Bubbel,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2522085
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 29
- Bathrooms: 25
Heating
- Baseboard, See Remarks
Cooling
- None
Features
- Flooring: See Remarks
- Has fireplace: No
Interior area
- Total structure area: 89,289
- Total interior livable area: 89,289 sqft
Property
Parking
- Total spaces: 45
- Parking features: RV Parking
- Uncovered spaces: 45
Features
- On waterfront: Yes
- Waterfront features: Low Bank
Lot
- Size: 2.05 Acres
- Dimensions: 89,298
- Features: RV Parking
Details
- Parcel number: 42201000300
- Zoning description: See Remarks,Jurisdiction: See Remarks
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- See Remarks
- Foundation: See Remarks
- Roof: See Remarks
Condition
- Fixer
- Year built: 1940
- Major remodel year: 1940
Utilities & green energy
- Sewer: Septic Tank, Company: Private
- Water: Company: Private
Community & HOA
Community
- Subdivision: Grand Mound
Location
- Region: Centralia
Financial & listing details
- Price per square foot: $25/sqft
- Tax assessed value: $688,300
- Annual tax amount: $5,415
- Date on market: 5/12/2026
- Cumulative days on market: 120 days
- Listing terms: Conventional
Estimated market value
$2,147,800
$2.04M - $2.26M
$1,570/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Pending sale | $2,200,000$25/sqft |
Source:  NWMLS as distributed by MLS GRID #2522085 Report a problem | ||
| 5/13/2026 | Listed for sale | $2,200,000+285.3%$25/sqft |
Source: NWMLS as distributed by MLS GRID #2522085 Report a problem | ||
| 7/26/2017 | Sold | $571,019$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,992 +3.9% | $688,300 +3.7% |
| 2023 | $5,770 +115.1% | $663,800 +103.9% |
| 2022 | $2,682 -37.1% | $325,500 -21% |
| 2021 | $4,265 +20.3% | $412,000 +31.5% |
| 2020 | $3,546 +1.8% | $313,300 +6.9% |
| 2019 | $3,482 +1.8% | $293,000 -0.6% |
| 2018 | $3,421 -22.7% | $294,700 +20.5% |
| 2017 | $4,426 | $244,550 -13.8% |
| 2016 | $4,426 | $283,550 -7.5% |
| 2014 | $4,426 | $306,550 |
Find assessor info on the county website
Monthly payment
Est. payment
