21021 old highway 9 SW · Centralia, WA 98531
Source: NWMLS · COMPASS · Erich Bubbel #NWM2522085
About this home
Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.
Location
Basics
- Property type
- Multi Family
- Style
- 10+ Units
- Stories
- 1 story
- Condition
- Fixer
- Year built
- 1940
- Building area
- 89,289 sq ft
- Lot size
- 89,289 sq ft (2.05 acres)
- County
- Lewis
- MLS #
- NWM2522085
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- See Remarks
Exterior & lot
- Exterior features
- See Remarks
- Roof
- See Remarks
- Foundation
- See Remarks
- Waterfront
- Yes
Parking
- Parking spaces
- 45
- Parking features
- RV Parking
Utilities
- Sewer
- Septic Tank
- Power
- See Remarks
Community & fees
- Subdivision
- Grand Mound
- Property tax
- $5,415 (2026)
Transaction
- Listed on
- May 12, 2026
- Days on market
- 9
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Centralia
- High
- Rochester High SchoolSchoolDigger 2 stars · Top 61% in WA
Listing provided courtesy of: COMPASS
Listing agent: Erich Bubbel.
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 2026-05-21.