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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
2200 196th SE St Bothell, WA 98012-7265
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0955520
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1976
Lot
17.45 ac (760,122 SF)
Zoning code
MHP
APN
27052000201800
UPID
US90-0955520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alder Trails 55+ Manufactured Home Lifestyle Community Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cpi Kennard Owner LLC · 6 yrs held
Cpi Kennard Owner LLC
since 2019
7 recorded transactions
Zoning & alternative use
MHP · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$130,441
Tax year 2023
Assessed value
$14,543,400
Assessed 2023
Previous assessed
$13,036,700
+11.6% YoY
Effective rate
0.90%
On assessed value
Assessed land
$14,542,400
Assessed improvement
$1,000
Land market value
$14,542,400
Improvement market value
$1,000
Total market value
$14,543,400
Applied tax rate
4,133.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1976
Heating
NONE
Lot
17.45 ac (760,122 SF)
Zoning code
MHP
APN
27052000201800
UPID
US90-0955520
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MHP · Bothell, WA
Zoning MHP · permitted uses
MHP · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Lot
17.45 ac
Current owner
From public records · entity-resolved
Cpi Kennard Owner LLC
Entity
Mailing address
1001 PENNSYLVANIA AVE NW, WASHINGTON, DC 20004-2505
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2023
—
Cpi Kennard Owner LLC
—
Deed
related
$255,000,000 · Truist Bank
Dec 21, 2020
—
Cpi Kennard Owner LLC
—
Deed
related
$38,080,000 · Federal Hm Ln Mtg
Nov 26, 2019
$12,409,600
Cpi Kennard Owner LLC
Little Mermaid LLC
Bargain And Sale Deed
$37,120,000 · Federal Home Loan Mortgage Corporat
Nov 3, 2016
—
Little Mermaid LLC
—
Deed
related
$1,861,165 · Us Bk
Apr 10, 2009
—
Little Mermaid LLC
Marcus,matthew J
Quit Claim Deed
related
—
Apr 10, 2009
$502,511
Matthew J Marcus
Marcus Inge Trust
Quit Claim Deed
related
—
—
—
Little Mermaid LLC
—
Loan Modification
related
$1,861,165 · Us Bk
—
—
Cpi Kennard Owner LLC
—
Loan Modification
related
$38,080,000 · Federal Hm Ln Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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