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Listed by:Keller Williams Rlty Bellevue • Joe Hopkins
$2,500,000
Est. payment /mo
1.49 Acres Lot
Active
5717 186th PL SW Lynnwood, WA 98037
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Lynnwood
MLS Listing ID 2001583
Style 72 - Mobile Home Park
Year Built 1955
Annual Tax Amount $12,588
Lot Size 1.490 Acres
Property Sub-Type Commercial Industrial
Property Description
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.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Fireplace false
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Managing Broker | License ID: 23037933, SA707443000, 768055