5717 186th Place SW, Lynnwood, WA 98037

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5717 186th Place SW, Lynnwood, WA 98037

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Courtesy of: Joe Hopkins | Keller Williams Rlty Bellevue
$2,500,000 Lynnwood, WA 98037
  • 1.49 Acres
  • Snohomish County

Key Features

  • MLS ID: 2001583
  • Year Build: 1955
  • Status: Active
  • Property Type: Commercial Sale
  • Area: 730 - Southwest Snohom
  • Address: 5717 186th Place SW, Lynnwood, WA 98037
  • City: Lynnwood
  • State: WA
  • Zip: 98037
  • County: Snohomish

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.

Property Map

From Highway 99, west on 186th Pl SW, property on the right.

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