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55+ Mobile Home Park

5717 186th Pl SW, Lynnwood, WA 98037

For Sale
$2,300,000

Well-maintained 55+ mobile home park with 16 MH spaces and a renovated 3-bedroom house with RV hook-up.

Property SizeContact for details
Lot Size1.49 Acres
Days on Market252

Property Features for 5717 186th Pl SW

General Information

Standard status Active
Lot size 1.49 Acres
Property subtype Commercial

Additional Details

Cap Rate 6.2%
Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: Keller Williams Rlty Bellevue
Listed By: Joe Hopkins
Source: Nwwashingtonhomesforsale
Added: Mar 4 Changed: Nov 1 Last Checked: Nov 10 at 11:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Rlty Bellevue

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Investment Insights

Based on property information with market context.

Well-maintained 55+ mobile home park offering 16 mobile home spaces. The property also includes a renovated 3-bedroom house with its own RV hook-up. City water and sewer services are in place.

The park is located in central Lynnwood and is described as close to shopping, schools, emergency services, and recreation. The remarks also note that it is minutes to Seattle, Everett, Boeing, and the Eastside.

Per the provided information, two of the mobile home units are parked and owned by the property, while the remaining units are tenant-owned. The offering is presented with a 6.2% cap rate based on current actual rents and 2025 expenses, with 2026 expenses expected to be slightly below 2025’s.

Key Highlights

  • Well‑maintained 55+ mobile home park on 1.49 acres in central Lynnwood
  • Includes (16) MH spaces plus a renovated 3‑bedroom house with its own RV hook‑up
  • City water and sewer service

Property Analytics

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Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

Demographics for 98037, WA

29,584
Population
12,032
Households
2.5
Avg Household Size
39
Median Age
37%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,101
Density / Sq Mi
$104,357
Median Household Income
$57,281
Median Earnings
$1,864
Median Rent
$683,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Well-maintained 55+ mobile home park with 16 MH spaces and a renovated 3-bedroom house with RV hook-up.
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 $2,300,000.
What are key features of this property?
This property features: Well‑maintained 55+ mobile home park on 1.49 acres in central Lynnwood; Includes (16) MH spaces plus a renovated 3‑bedroom house with its own RV hook‑up; City water and sewer service
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