112 Burma Rd, Castle Rock, WA 98611

Paradise Cove Resort & RV Park: 99% of customers stay for long term resulting mobile home park rules applies. 50 pads (another 10 pads can be added subject to conditions) on 2.74 acres in a beautiful tree-lines quiet and peaceful setting. One park-owned double wide mobile home on site recently removed. New owner can add two spaces or bring in a new double wide mobile as office replacing the current office at the front building on a separate parcel.

Ten pads can be added on the seldom used camping area for additional revenue subject to adding utilities to those spaces.

A separate building housing a well water filtration system for the best clean water for the residents. Another free standing building housing the men and women restroom. The third building houses the laundry room, shower and bathrooms for men and women, maintenance room and storage room.

The roads at the park are asphalt paved not dirt road like most other RV parks.

Portion of the remodeled third building houses the laundry room (park owned four washers and four dryers $2 per use). Hot showers for man and woman: woman: 2 handicapped stalls and 3 regular stalls. Man: 1 handicapped 2 regular stalls. Storage room and maintenance room for tools and equipment. Maintenance team (couple) on site. Due to mobile home rules applies, each unit has park provided fire distinguishers. All utilities are provided by owner. New owner can install electric sub meters (quoted for $50 per unit pre owned) should be installed for each unit for occupants to pay its own electric bills to lower operating expenses.

The average monthly rent is $635/space after rent increases for 2025. As of July 2025, monthly gross receipt is about $30k including rent from the single family home on a separate tax lot about $900 per month.

Separate tax lot 1.36 acres with a 1,356 SF commercial building frontage on Burma Road has been remodeled like new: 1/4 for park office and 3/4 as 2 bedroom living unit. It can be leased for $2,750 a month triple net lease to third party user by relocating the park office to a new double wide mobile home at the park. The two bedrooms living unit has modern new kitchen amenities for park owner if desired. Large pole sign towards the front of the building. Custom built tool and equipment storage shed at the back of this building.

The park has been continuously remodeled and upgraded throughout the years to a ‘newer’ and pleasant living environment costing millions. A modern septic system has been recently installed. Propane tank towards the back of the third building or laundry building provides hot water for showers and laundry.

Another separate tax lot 0.41 acre with one single family home currently rented for $900 a month (rent below market). It can be owner unit for buyer or to remove this single family home to expand the park for more units.

Sell as a whole 3 parcels together as portfolio sale.

Part time manager on site with one assistant. A couple living on site as maintenance team for the park.

Approx. $160,000 spent in recent year for septic system upgrade. Over $100,000 spent on shower room laundry room remodeling for users and other improvements. Approx 2 million spent throughout the years to upgrade the property to its current condition. There is NO deferred maintenance.

Residents or users enjoy easy on and off exit 52 of Interstate 5. Property is across the way from the recently built very busy modern ‘Space Age Travel Center’ for travelers and semi trucks for fuels, A&W Burgers and shopping.

Owner enjoys great cash flow (full most of the time) with minimum management and small expenses throughout the years with little headache as compared to apartment investment with high repair and maintenance cost. The property is of pride of ownership!

Seller ONLY carry financing secured by a FIRST deed of trust with minimum 2 million down as ‘installment sale’ with periodically principal paydown, interest, term and conditions mutually agreed for qualified buyer. One of the best replacement properties for IRC1031 to exchange into. Buyer can pay all cash by obtaining third party institutional financing. Seller would NOT carry back 2nd loan behind the first loan. Seller is NOT interested in ‘creative’ financing like passive member of a LLC or a trust arrangement.

Reverse IRC1031 exchange ok for qualified buyer.

Due to the extra lot with the SFR and the other separate lot with the commercial building, using asking price per unit cannot be used. New ownership can buy the adjacent third party owned SFRs, when available, to increase the units besides using the existing two parcels to increase the units. The property can be valued added to increase revenue. Installing sub-meters at each unit for user to pay their own electricity bills reducing owner’s expenses for more net profit.

Contact Broker for detail 16 pages information package.

DO NOT DISTURB any resident or management on the property on site. Viewing or touring must be accompanied by Broker a must.

Co- list with Eric Young