$1,599,900
Est. $8,107/mo1907 Olympic Highway N, Shelton, WA 98584
• Listed 2026-04-14•4 days on market
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Welcome to Mountain View Park, located at 1907 Olympic Highway N, Shelton, WA 98584. $217,392 Gross Proforma, $116,992 Net Proforma, and a 6.496% Proforma Cap Rate. Net income has strong upside potential through sub-metering water and power, passing through garbage expenses, and transitioning to self-management. Current proforma assumes lease-up of vacant units and a 5% rent increase effective March 1, 2026 on 25 occupied units. The park includes 31 total units with city water and sewer: 30 mobile, RV, and cottage rentals, plus an office building with conversion potential. Currently, 25 units are rented, with 5 vacant units available to lease. Some vacant units require improvements before becoming operational. Don’t miss this excellent opportunity to own an income-generating property with significant upside. Please view with discretion and do not disturb tenants. Thank you for your understanding.
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1907 Olympic Highway N, Shelton, WA 98584
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 9, 2026 at 11:59am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by David M. Hilbert • Real Estate 2000 Inc.
Listing updated: June 9, 2026 at 11:59am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2503544
Open Sun, Jun 14Open Sun, Jun 14Open Sun, Jun 14Open Wed, Jun 17Shelton is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 24 days.
$610,500 Sold
4 weeks ago
4 bd•1 ba
505 S 8th, Shelton, WA 98584
5%
Under list
—
Days on market
1.0 mi
Distance
$475,000 Sold
6 weeks ago
6 bd•3 ba•~3,220 sq ft•Single Family
522 N 3rd Street, Shelton, WA 98584
5%
Under list
—
Days on market
0.9 mi
Distance
$299 Sold
2 months ago
•Single Family
117 N 8th Street #500, Shelton, WA 98584
0%
Over list
—
Days on market
0.7 mi
Distance
$440,000 Sold
6 months ago
4 bd•1.5 ba•~2,396 sq ft•Single Family
705 Terrace Boulevard, Shelton, WA 98584
6%
Under list
—
Days on market
0.7 mi
Distance
$385,000 Sold
6 months ago
3 bd•1 ba•~1,047 sq ft•Single Family
2238 Railroad Avenue, Shelton, WA 98584
0%
Over list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
