Lynnwood, WA 98037,5717 186th PL SW
Lynnwood, WA 98037,5717 186th PL SW
Lynnwood, WA 98037,5717 186th PL SW
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Listed by Keller Williams Rlty Bellevue
$2,500,000
Est. payment /mo
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1.49 Acres Lot
Active

5717 186th PL SW Lynnwood, WA 98037

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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 Sub-Type Commercial Industrial

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

Interior

Fireplace false

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


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5717 186th PL SW