5717 186th Place SW

Land: Mobile Home Park

5717 186 Pl SW, LynnwoodWA 98037

Property Details

Location

Address
5717 186 Pl SW, LynnwoodWA 98037
County
Snohomish
Submarket
CBA Edmonds
Parcels
00503600000602
Center/Park Name
Lynnwood Park, LLC

Building Size

Building Size
886 SF

Building Details

Type
 Land: Mobile Home Park
Number of Buildings
1
Occupancy Type
Single Tenant
Building Class
C
Building Status
Existing
Floors
1
Year Built
1955
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
1.49 Acres
Land (SF)
64,904 SF
Sanitary Sewer
Yes, City, City of Lynnwood
Water
Yes, City, City of Lynnwood
Zoning
RML
Lot Depth
Lot Width

Contacts

Current Listings

Lynnwood Park LLC

1.49 Acres$2,500,000
Cap Rate: 3.83%
KW Commercial GSWA MCI LLC

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. Rents are below market, Buyer to confirm market rent outlook. Proforma 6.3 Cap Rate.

KW Commercial GSWA MCI LLC

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. Rents are below market, Buyer to confirm market rent outlook. Proforma 6.3 Cap Rate.

View Details
View Details
CBA

Source: Commercial Brokers Association (CBA)

More Information

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