Alderwood RV Resort — Sale in Mead, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Mead, WA 99021

Photos

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Investment Figures

Cap rate
4.68%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Alderwood RV Park, a 216-unit recreational vehicle community located in Mead, Washington (Spokane County). Built in 1941, this well-maintained, amenity-rich asset offers investors a stabilized, income-producing property in the Spokane metro market. Alderwood sits on 9.01 acres improved with bathrooms, laundry, an office, an indoor pool, a clubhouse, a dog area, and storage units and RV storage. The property's diversified unit mix — long-term RV spaces, storage, and parking — combined with its resort-style amenities, supports stable occupancy and consistent demand, offering a new owner a clear path to income growth through continued lease-up and rate optimization. Investment Highlights: • 216-unit RV community on 9.01 acres in Mead, WA (Spokane County) • Built 1941; amenities include bathrooms, laundry, office, indoor pool, clubhouse, dog area, storage and RV storage • Diversified unit mix (RV spaces, storage, parking) broadens income streams • Resort-style amenities support stable occupancy in the Spokane metro market

Market Context

This multifamily in Mead, WA is listed for sale. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Mead, WA — view the full market.

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