Property Details

5717 186 Pl SW

Lynnwood, WA 98037

$2,300,000

Available

CBA# 715033 courtesy of CBA Listing firm: KW Commercial GSWA MCI LLC

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Commercial

Property Type

886

Bldg Sq Ft

6.00%

Cap Rate

1955

Year Built

Property Overview

Well-maintained 55+ pride of ownership mobile home park. 1.49 acres in a great location in central Lynnwood and close to shopping, schools, emergency services, and recreation. Minutes to Seattle, Everett, Boeing, and the Eastside. (16) MH spaces plus a renovated 3-BR house with its own RV hook-up. City water and sewer. (2) of the MH units are parked owned, all others are tenant-owned. 6.2% Cap Rate based on current actual rents and 2025 expenses; 2026 expenses expected to be slightly below 2025's.