5717 186Th Pl SW Lynnwood, WA 98037
Well-maintained mobile home park with income potential in Lynnwood, WA.
Property size:
64,904 SFProperty Features for 5717 186Th Pl SW
General Information
- Standard status
- Active
- Size
- 64,904 SF
Building Details
- Year built
- 1955
Source:
Corcoran
Listing Agent: Joseph Hopkins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Lynnwood Mobile Home Park Opportunity
This well-maintained mobile home park is situated on 1.49 acres in a central Lynnwood location, offering convenient access to shopping, schools, emergency services, and recreation. The property is located within minutes of Seattle, Everett, Boeing, and the Eastside. It features 16 mobile home spaces, an additional RV hook-up, and a newly renovated 3-bedroom house. The site is connected to city water and sewer, and the water supply system has been updated. Two of the units are park-owned, while the others are tenant-owned. Opportunities exist for additional income through filling the existing vacant home space, the RV hook-up space, individual metering of the utilities, and renting the house. According to the listing, rents are below market, and the buyer should confirm the market rent outlook. The proforma cap rate is 6.3.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Lynnwood
- County
- Snohomish
- State
- Washington
- Longitude
- -122.3110045
- Latitude
- 47.8318634
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FAQs
What type of property is this?
Mobile home & RV park - Well-maintained mobile home park with income potential in Lynnwood, WA.
Where is this mobile home & rv park located?
The property is located at 5717 186Th Pl SW Lynnwood, WA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - 1.49 acre mobile home park in central Lynnwood location close to amenities.; - Sixteen (16) MH spaces plus an RV hook-up and a renovated 3-bedroom house.; - Updated water supply system connected to city water and sewer.