Provided by NWMLS, Listed by Keller Williams Rlty Bellevue

Active

5717 186th Place SW

Lynnwood WA, 98037

$2,500,000


$38.52 per sqft

Active

64,904 sqft

Commercial

Built in 1955

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.

2001583

MLS ID

September 28, 2022

Listed

February 17, 2024

Updated

Map

5717 186th Place SW
Lynnwood WA, 98037

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.49 Acres


Sewer

Sewer Connected

Other Property Details

Area Name

730 - Southwest Snohomish


Taxes

$12,588


Tax Frequency

Annually


Garage

No


Parking Total

0


View

No


County

Snohomish


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 2/17/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/17/2024 at 1:11 AM UTC

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