5717 186th Place SW, Lynnwood, WA 98037 (MLS # 2001583)

Listing provided courtesy of Northwest MLS; Keller Williams Rlty Bellevue

PRICE	$2,500,000
SIZE	n/a
LOT SIZE	1.49 ac

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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.

DAYS ON MARKET	582	LAST UPDATED	3/28/2024
TRACT	Lynnwood	YEAR BUILT	1955
COMMUNITY	Lynnwood	COUNTY	Snohomish
STATUS	Active	PROPERTY TYPE(S)	Commercial

PRICE HISTORY
Prior to Oct 24, '22	$3,125,000
Oct 24, '22 - Today	$2,500,000

ADDITIONAL DETAILS
AREA	730 - Southwest Snohomish
BUYER'S BROKERAGE COMPENSATION	3.0
HEAT	Electric, None
LOT	1.49 acre(s)
LOT DESCRIPTION	Level
STYLE	72 - Mobile Home Park
SUBDIVISION	Lynnwood
TAXES	12588
UTILITIES	Sewer Connected
WATER	Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/24 2:14 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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