Rockhood
$3,599,000List price
Active

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 School
SchoolDigger 2 stars · Top 53% in WA

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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.