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$2,500,000
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Property 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.
Full Property Details
Full Property Details for 5717 186th Pl SW
General
- Price: $2,500,000
- Taxes: $12,588 (2022)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2001583
- Updated: 5/14/2024
- Added to Site: 870 day(s) ago
Location
- Area: 730 - Southwest Snohomish
- County: Snohomish
- Subdivision: Lynnwood
- Driving Directions: From Highway 99, west on 186th Pl SW, property on the right.
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Manufactured House
- Year Built: 1955
Lot Features
- Lot Size (Acres): 1.49
- Lot Size (Sq. Ft.): 64,904
- Lot Size Source: Public Records
- Topography: Level
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $12,588
- Tax Year: 2022
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 50360000060
Listed by Joe Hopkins | Keller Williams Rlty Bellevue | (425) 454-0911
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Schools
Schools serving 5717 186th Pl SW
School District:Edmonds School District
Rating | Name | Grades | Distance |
---|---|---|---|
19030 72nd Ave W, Lynnwood, WA 98036 | K-6 | 1 mi | |
6500 168th St Sw, Lynnwood, WA 98037 | 7-8 | 1 mi | |
6002 168th St Sw, Lynnwood, WA 98037 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5717 186th Pl SW
Date
Details
Price
Change
Source
10/24/2022
Price Reduced
$2,500,000
-20%
MLS
9/28/2022
Listed
$3,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5717 186th Pl SW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,854
-10%
$1,470,000
9%
2022
$12,093
7%
$1,344,000
—
2021
$11,330
—
$1,344,000
29%
2021
$11,330
6%
$1,040,000
—
2020
$10,684
11%
$1,040,000
10%
2019
$9,647
-7%
$942,500
5%
2018
$10,357
630%
$897,800
572%
2017
$1,418
-56%
$133,700
-56%
2016
$3,206
-3%
$303,200
3%
2015
$3,309
-1%
$294,300
—
2014
$3,329
—
$294,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5717 186th Pl SW
5717 186th Place SW, Lynnwood, WA 98037 (MLS# 2001583) is a Industrial property. 5717 186th Place SW is currently listed for $2,500,000 and was received on September 28, 2022. Want to learn more about 5717 186th Place SW? Do you have questions about finding other Industrial real estate for sale in Lynnwood? You can browse all Lynnwood real estate or contact a Coldwell Banker agent to request more information.