Trust Owned Property summary
This exceptional 0.91-acre mobile home park in downtown Snohomish, WA, presents a compelling investment opportunity. The property, located at 165 Cypress Ave, boasts nine pads, all currently occupied (100% occupancy as of November 1, 2024). Built in 1968, the park features eight park-owned and one tenant-owned single-wide home. The property is served by city water and sewer. Its prime location offers easy access to local amenities including restaurants, businesses, parks, grocery stores,… drug stores, schools, and public transit. Significant rental upside potential exists through market rent increases and the addition of ancillary income streams, such as laundry facilities. Furthermore, there's an opportunity to implement utility expense recapture. The Pilchuck Center zoning allows for substantial redevelopment potential, with the possibility of constructing a multi-story building (up to five stories with the purchase of Transfer of Development Rights credits). This property is ideal for investors seeking a value-add opportunity with strong potential for both short-term income generation and long-term capital appreciation. The property's APN is 00575900100100.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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