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For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email
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.
  • Listing #:
    • 2001583
  • Price:
    • $2,500,000
  • Status:
    • Active
  • Type:
    • Mobile Home Park
  • # of Acres:
    • 1.49
  • Year Built:
    • 1955
  • Address:
    • 5717 186th Place SW
  • City:
    • Lynnwood
  • County:
    • Snohomish
  • State:
    • WA
  • Zip:
    • 98037
  • CDOM:
    • 1
  • Cap Rate:
    • - 3.72
  • Gross Scheduled Income:
    • - $140,460.00
  • Insurance Expense:
    • - $6,482.00
  • Net Operating Income:
    • - $93,246.00
  • Free And Clear:
    • - false
  • Gross Adjusted Income:
    • - 140460
  • Gross Rent Multiplier:
    • - 18
  • Improvements Assessed Value:
    • - 694600
  • Land Assessed Value:
    • - 649400
  • Power Company:
    • - Snohomish PUD
  • Sewer Company:
    • - City of Lynnwood
  • Style Code:
    • - 72 - Mobile Home Park
  • Total Assessed Value:
    • - 1344000
  • Total Expenses:
    • - 46814
  • Water Company:
    • - City of Lynnwood
  • Water Sewer Garbage:
    • - 21757
  • Zoning Class:
    • - Multi-Family
  • Zoning Jurisdiction:
    • - City
  • Other Expense:
    • - 5987
  • Parcel Number:
    • - 0050360000060
  • Possible Use:
    • - Multi-Family
  • :
    • - Level
  • Structure Type:
    • - Manufactured House
  • Annual Tax Amount:
    • - $12,588.00
  • Tax Year:
    • - 2022
  • Water Source:
    • - Public

For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email

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