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255 NW Golden Hills Dr, Pullman, WA 260 NW Golden Hills Dr, Pullman, WA
Golden Hills Manufactured Home Park
Asset ClassMultifamily, Special Purpose
# Sites125
% Leased: 100%# Sites: 125Land: 23 AcresAccess Data Room
Going to market for the first time since its construction in 1995, Golden Hills Manufactured Home Park presents a strategic long-term investment opportunity in Pullman, WA.
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Overview

Meticulously maintained by its original owner for 29 years, Golden Hills MHP showcases exceptional infrastructure built to the standards of its adjacent subdivisions. Comprising of 124 tenant-owned homes & a park-owned home currently being used as an “Owner’s Unit,” Golden Hills boasts 100% occupancy and a stable, diverse tenant base of retirees, college professors, and graduate students from nearby Washington State University ("WSU").

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Investment Highlights

  • 124 tenant-owned homes with significant curb appeal
  • 1 park-owned, 3 bed/2 bath double-wide “Owner’s Unit”
  • Public water & sewer, featuring 19 water meters
  • Exceptionally-maintained infrastructure
  • First time to market
  • Captive tenant base from nearby Washington State University
  • Significantly below-market rents, with frequent turnover
  • 61 of the leases will turn over by the end of 2025
  • Washington has no rent control
  • Seller financing available
255 NW Golden Hills DrPullman, WA 99163

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Listing provided by Revere CRE