Mead Park & Mountain View Mobile Home Communities
Mead, WA
Asking price
$7,100,000
Sites
—
Cap rate
—
Price / site
—
About this property
Mountain View & Mead Mobile Home Communities offer the opportunity to purchase two adjacent all-age manufactured housing communities located in Mead, Washington. The combined offering includes 70 manufactured home spaces plus one single-family residence across two neighboring properties in Spokane County. Mead Park, located at 3925 E Farwell Road, contains 49 tenant-owned manufactured home spaces and one single-family home. Mountain View Mobile Home Community, located at 3920 E Center Road, contains 21 tenant-owned manufactured home spaces. Both properties lie next to each other, creating operational efficiency and a strong combined community presence. The properties are positioned on approximately 11.89 acres and are serviced by city water and private septic systems. The communities were originally developed in the late 1970s and serve the Mead / North Spokane residential market. The adjacent layout provides a new owner with the ability to manage both communities under one operating platform. Shared management, maintenance, leasing oversight, and on-site operations may create efficiencies compared to operating two separate non-adjacent assets. The offering also includes potential upside through continued rent growth, operational improvements, and possible additional use of underutilized land. Mead Park includes an interior area that may allow for approximately 7-8 additional home sites depending on final site planning, setbacks, and applicable approvals. Another potential strategy may include a secure gated dry storage area for tenant vehicles, RVs, boats, or outside storage demand.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $7,100,000 |
|---|---|
| Address | 3925 East Farwell Road |
| First seen by UnitListed | Sep 16, 2026 |
| Source page last checked | Sep 16, 2026 |
| Source last changed | Sep 16, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
Trade area · Spokane, WA
3 of 6 availableContext about the county from the public record — not from the seller, and not a valuation. The seller's own figures are shown separately above and are never mixed with these.
Spokane, WA has 6 rv parks and campgrounds recorded by Census across 544,323 residents — about 90,721 people per facility.
- Mapped competitors nearby
- —
- Residents per competing facility
- 90,721
- Renter-occupied housing
- 36.1%
- Median SBA loan approved, this asset class
- —
- SBA loans in this industry that charged off
- —
- FEMA composite risk rating
- Relatively Moderate
Not yet looked up for this listing.
OpenStreetMap contributors · current
US Census County Business Patterns + ACS · 2022 · county level
US Census ACS 5-year, table B25003 · 2023 · county level
Only 1 loan recorded — too few to publish a median. The count is shown instead.
SBA 7(a) and 504 FOIA loan disclosures · FY2014-FY2014 · county level
Only 1 loan on record; a default rate over that few is noise.
SBA 7(a) and 504 FOIA loan disclosures · FY2014-FY2014 · county level
FEMA National Risk Index · 2025 · county level
Sources: US Census Bureau (County Business Patterns, American Community Survey), US Small Business Administration 7(a)/504 loan disclosures, FEMA National Risk Index, and © OpenStreetMap contributors. Public records describe a county, not this property.
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 16, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 16, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
