Tacoma · Commercial sale

FP MH Owner buys 11504 22nd Ave E in Tacoma for $17 million

A mobile home park at 11504 22nd Ave E, Tacoma sold for $17,000,000 on September 23, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published October 30, 2026

Sold September 23, 2026 · Pierce County, Washington

Aerial view of 11504 22nd Ave E, Tacoma with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: Pierce County Assessor. The photo can predate the sale.

Sale price: $17,000,000
Sold: September 23, 2026
Property type: Mobile home park
Lot size: 270,939 sq ft

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 23, 2026

Seller's estimated net sheet

11504 22nd Ave E, Tacoma

Sale price	$17,000,000
Title and settlement
Owner's title insurance policy	$33,625
Escrow fee	$700
Transfer taxes and recording
State real estate excise tax (graduated)	$479,075
Local real estate excise tax (0.50%)	$85,000
REET technology fee	$5
Prorations
Property tax proration (seller owes)	$35,630.14
Other costs
Wire / courier / payoff processing	$60
Total deductions	$634,095.14
Estimated net to seller	$16,365,904.86

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NetSheet.orgSeptember 23, 2026

Buyer's estimated net sheet

11504 22nd Ave E, Tacoma

Purchase price (cash)	$17,000,000
Title and settlement
Escrow fee	$700
Transfer taxes and recording
Deed recording fee	$304.50
Credits
Property tax credit from seller	$35,630.14
Closing costs and prepaids	$1,004.50
Estimated cash to close	$16,965,374.36

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
REET technology fee: $5 per affidavit (confidence medium)
Annual property tax estimated at 0.90% of price ($153,000).
Title and settlement fees are typical estimates, not quotes.

Selling in Tacoma?

A mobile home park at 11504 22nd Ave E in Tacoma sold for $17,000,000, or 9.1 times its recorded market value. The sale took place on September 23, 2026, according to the Pierce County Assessor-Treasurer's sales records.

The deed covers 2 parcels. 11504 22nd Ave E is the largest one we could identify.

The record lists Franklin Pierce Estates LLC as the seller and FP MH Owner LLC as the buyer. The Assessor's records show a 6.22-acre lot and a market value of $1,869,100.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Pierce County?

By our estimate, the seller's two largest charges, not counting prorations, were $479,075 for the state real estate excise tax (graduated) and $85,000 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.

How much did the seller net?

By our estimate, the seller netted about $16,365,905. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $16,965,374 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

11504 22nd Ave E, Tacoma, WA.

Source: Pierce County Assessor-Treasurer, sales data downloads, document 4699517. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.