5717 186th Place SW

5717 186th Place SW (Status: Available)

5717, 186 Pl, Lynnwood, WA  98037

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.

Listing Details

Asset Class: Land
Year Built: 1955
Building Total Square Feet: 886
Available Lease Space Square Feet: 64904
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: MHP

Listing Courtesy of: KW Commercial GSWA MCI LLC

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.