$2,500,000
For Sale

5717 186th Place SW

Lynnwood, WA 98037
Listing OfficeKeller Williams Rlty Bellevue
Browse 30 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

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 Details
      • Style72 - Mobile Home Park
      • Property SubtypeCommercial Industrial
      • Structure TypeManufactured House
      • Date ListedSeptember 28, 2022
      • Sewer InformationSewer Connected
      • Original List Price$3,125,000
      • CountySnohomish
      • Property TypePurchase
      • SubdivisionLynnwood
      • Taxes Annual$12,588
      • MLS #2001583
      • Cost2500000
      • MLS #2001583
      • Utility SourcePublic
      • Acres1.49
      • Year Built1955
      • Days on Market (Cumulative)823
Jon JacobsReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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