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$1,799,900 Just Listed
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Property Description
Welcome to Mountain View Park, located at 1907 Olympic Highway N, Shelton, WA 98584. $217,392 Gross Proforma, $116,992 Net Proforma, and a 6.496% Proforma Cap Rate. Net income has strong upside potential through sub-metering water and power, passing through garbage expenses, and transitioning to self-management. Current proforma assumes lease-up of vacant units and a 5% rent increase effective March 1, 2026 on 25 occupied units. The park includes 31 total units with city water and sewer: 30 mobile, RV, and cottage rentals, plus an office building with conversion potential. Currently, 25 units are rented, with 5 vacant units available to lease. Some vacant units require improvements before becoming operational. Don't miss this excellent opportunity to own an income-generating property with significant upside. Please view with discretion and do not disturb tenants. Thank you for your understanding.
Full Property Details
Full Property Details for 1907 Olympic Hwy N
General
- Price: $1,799,900
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2503544
- Updated: 4/14/2026
- Added to Site: 2 day(s) ago
Location
- Area: 175 - Shelton
- County: Mason
- Subdivision: Mountain View
- Driving Directions: From I-5 S take Exit 104 to US-101 N. Continue, then take SR-3 N. Follow Olympic Hwy N about 5 miles. Property on right at 1907 Olympic Hwy N, Shelton.
Utilities
- Sewer: Available
Structural Information
- Structure Type: Manufactured House
Lot Features
- Lot Size (Acres): 1.1003
- Lot Size (Sq. Ft.): 47,928
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 320185121003
Listed by David M. Hilbert | Real Estate 2000 Inc. | (425) 670-2000
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Schools
Schools serving 1907 Olympic Hwy N
School District:Shelton School District
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary School, Shelton, WA 534 East K Street, Shelton, WA 98584 | K-5 | 0.5 mi |
Olympic Middle School, Shelton, WA 800 East K Street, Shelton, WA 98584 | 6-7 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1907 Olympic Hwy N
Date
Details
Price
Change
Source
4/14/2026
Listed
$1,799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1907 Olympic Hwy N
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1907 Olympic Hwy N
1907 Olympic Highway N, Shelton, WA 98584 (MLS# 2503544) is a Industrial property. 1907 Olympic Highway N is currently listed for $1,799,900 and was received on April 14, 2026. Want to learn more about 1907 Olympic Highway N? Do you have questions about finding other Industrial real estate for sale in Shelton? You can browse all Shelton real estate or contact a Coldwell Banker agent to request more information.

