Property Details
5717 186th Place SW, Lynnwood, WA 98037
Lynnwood, WA 98037
$2,500,000
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About This Home
Well maintained 1.49 acre mobile home park 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 an additional RV hook-up and a newly renovated 3-bedroom house. Updated water supply system, site is connected to city water and sewer. (2) of the units are park-owned, all the others are tenant-owned. Opportunities for additional income: filling (1) existing vacant home space, (1) RV hook-up space, individual metering of the utilities, and renting the house. Buyer to confirm market rent outlook. Proforma 6.3 Cap Rate.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Snohomish
Neighborhood
Lynnwood
Listed
Sep 28, 2022
Original Price
$3,125,000
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
1.49 sqft
Year Built
1955
Sewer
Sewer Connected
Water Source
Public
Location
City
Lynnwood
County
Snohomish
Coordinates
47.83196, -122.31087
Additional Information
Tax Year
2022
Annual Taxes
$12,588
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
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