

North Pointe Manufactured Housing Community
Mobile Home Park | 8.00% CAP
Marketing description
North Pointe Manufactured Housing Community presents an exceptional opportunity to acquire a well-positioned manufactured housing asset in the rapidly growing city of Moses Lake, Washington. Situated on more than 15 acres of R-3 zoned land, the community is currently permitted for up to 101 manufactured home sites and includes supporting amenities such as an onsite office, mail facilities, and a playground. The property offers investors the opportunity to capitalize on strong demand for affordable housing while benefiting from the long-term appreciation potential of a large land holding in one of Central Washington's most dynamic growth markets.
The community generates substantial in-place income and offers multiple avenues for future value creation. In addition to lot rental revenue, the property includes a significant inventory of park-owned homes that ownership estimates may represent approximately $2 million in value in today's market. A future owner may elect to sell homes individually, creating liquidity that can be used for capital improvements, operational enhancements, or debt reduction. The combination of stable cash flow, asset value, and operational flexibility creates a compelling investment opportunity with both current income and long-term upside.
Strategically located near Big Bend Community College, Grant County International Airport, major retail corridors, and regional employment centers, North Pointe is positioned to benefit from the continued expansion of the Moses Lake economy. Significant investment in aerospace, advanced manufacturing, logistics, agriculture, and technology sectors has fueled population growth and increased demand for workforce housing throughout the region. With its scale, entitlements, strategic location, and strong market fundamentals, North Pointe offers investors a unique opportunity to acquire a sizeable manufactured housing community in a market poised for continued growth.
Investment highlights
- 15 Acres +/- (10 Acres valued at $3/SF)
- 96% Occupancy
- 25 established units
- 30 spaces engineered & approved for Phase Two
- 46 platted spaces (101 total for entire 15 Acres)
- Public Water & Sewer
- Onsite office, mail facilities, and playground
- Park-owned homes estimated at $2 million in value
- Prepaid water rights for entire plat included
- Next phase of 30 spaces is platted, engineered, and approved to build
- All POH included with water rights
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?










