5717 186th PL SW Active Save Request In-Person Tour Request Virtual Tour
Lynnwood,WA 98037
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 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
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional