5717 186th Place SW, Lynnwood, WA 98037
- $2,300,000
Listing courtesy of Keller Williams Rlty Bellevue.
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- 2547801
- Days on Market
- 1374
- Annual Tax Ammount
- 11389
Property Description
Well-maintained 55+ pride of ownership mobile home park. 16 mobile home pads + remodeled 3-BR house that also has its own RV hook-up on the east side of the house. Currently at 100% occupancy. 6.2% current Cap Rate, NOT pro-forma. Rent increases are scheduled per new State regulations.
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Additional Information
- Community
- Lynnwood
- Building Condition
- Good
- Style
- 72 - Mobile Home Park
- Roof
- Composition
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Ceramic Tile, Hardwood, Vinyl, Vinyl Plank, Carpet
- Driving Directions
- from Hwy 99, west on 186th Pl SW, property on the right
- Electric Expenses
- 2412
- Other Expenses
- 7528
- Energy Source
- Electric, Oil
- Net Operating Income
- $142,481
- Gross Adjusted Income
- $199,692
- Gross Scheduled Income
- $199,692
- Water/Sewer/Garbage Expenses
- $29,420
- Cap Rate
- 6.2
- Total Expenses
- $57,211
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.