12525 W Sunset Highway · Airway Heights, WA 99001
Source: NWMLS · Real Estate 2000 Inc. · David M. Hilbert #NWM2503550
About this home
FLEXIBLE OWNER FINANCING WITH LARGE DOWN PAYMENT, PRICED TO SELL. 2024 proforma financials show gross income of $761,799, net income of $458,818, and a 12.07% cap rate. 2023 financials show gross income of $805,977, net income of $502,218, and a 13.22% cap rate. This is a 51-unit All Seasons Mobile Home & RV Park and Motel situated on 4.17 acres, including 15 park-owned single wides, one park-owned double wide, 10 RV spaces, and a motel consisting of one single-room unit and 23 double-room units. Additional income-producing improvements include a 2,400 sq ft warehouse and a used car lot. Zoned C1-A commercial with strong redevelopment potential for retail, office, motel, automotive center, restaurants, and more, with a maximum building height allowance of 45 feet (buyer to verify all development possibilities and applications with city). City water and sewer are in place. Recent capital improvements include a $40,000 motel roof replacement and addition of 10 RV spaces in 2016, approximately $300,000 invested in new sewer lines and hookups for motel and mobile/RV units in 2017–2018, and a $25,000 road upgrade completed in 2023. Adjacent vacant lot is also available for $599,900. Property is conveniently located near Fairchild Air Force Base, Spokane International Airport, and the new Amazon facility, offering strong demand drivers for both current operations and future redevelopment potential.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Mobile Home Park
- Lot size
- 22,880 sq ft (0.53 acres)
- County
- Spokane
- MLS #
- NWM2503550
Interior
- Heating
- None
- Cooling
- None
Community & fees
- Subdivision
- Airway Heights
Transaction
- Original list price
- $3,699,000 (2.7% price cut)
- Listed on
- Apr 20, 2026
- Days on market
- 1083
- Possession
- Closing
More homes nearby
Schools
- High
- Cheney High SchoolSchoolDigger 2 stars · Top 53% in WA

Listing provided courtesy of: Real Estate 2000 Inc.
Listing agent: David M. Hilbert.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-18.