5717 186 Pl SW
Lynnwood WA 98037

5717 186th Place SW

5717 186 Pl SW Lynnwood WA 98037

Listing #: 659021 | Status: Available | Last Modified: 4/7/2026 |

For Sale
Joseph Hopkins
  • Phone:(425) 785-6538
  • Email:hopkins@kw.com
  • Office Name:KW Commercial GSWA MCI LLC
  • Office Phone:(425) 454-0911
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo

VIEW_WITH_DISCRETION

Price Information
  • Listing Price$ 2,500,000.0
  • $/SF$ 2,821.7
  • $/lot sf$ 38.5
  • $/Unit$ 2,500,000.0
  • Listing StatusAvailable
  • Days on Market1276
  • Asset ClassMulti-Family, Land
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income140,460
  • Vacancy Factor %0.00%
  • Operating Expenses44,716
  • Net Operating Income95,744
  • CAP Rate 3.83 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Topography
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 3.83 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF886
  • Net Rentable Area0
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF64904
  • Acres1.49
Property Type
  • Property TypeLand
  • Office Type
  • Building ClassC
Location
  • CountySnohomish
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaEdmonds
  • Tax ID #00503600000602
  • Additional Parcels
  • ZoningMHP
Construction
  • Year Built1955
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Lynnwood Park LLC

Public Comments

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 Images