334 Devoe Street NEOlympia, WA 98506
Listing courtesy of Madison Del Vigo of Coldwell Banker Evergreen
Rare opportunity to own a fully occupied, seller-owned 8-unit mobile home park in Olympia, delivering an impressive 8.91% cap rate and strong in-place cash flow. Devoe Mobile Park produces $138,128 in annual NOI and $160,800 in gross income, making it one of the highest-yielding portfolios in Thurston County! Includes 1 single-family home and 7 mobile homes, plus 11 storage sheds, a 2-car garage, coin-operated laundry, and a vintage root cellar under one unit all with onsite management. Private and quiet, but near main corridor in a high-demand rental market. This asset offers both immediate income and long-term potential. Strong historical occupancy, minimal operating costs, and clear upside — Devoe checks every box for the savvy investor.
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Status changed to Active | |
| 4 weeks ago | Listing first seen on site |
Listing courtesy of Madison Del Vigo of Coldwell Banker Evergreen
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for 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. Copyright 2025, Northwest MLS.
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Last checked: 2025-10-13 08:09 PM PDT
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