206-313-6761
165 Cypress Ave, Snohomish, WA for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/1
null | Request Cap Rate

165 Cypress Ave
Snohomish, WA 98290


HIGHLIGHTS

  • Desirable location in downtown Snohomish with numerous nearby amenities including restaurants and business services
  • Significant rental upside and other revenue sources such as Laundry service for the Property.
  • Opportunity to sub-meter utilities and implement utility expense recapture
  • Close proximity to nearby local parks and attractions
  • Walking distance to local restaurants, grocery & drug stores, schools, and transit
  • Land bank & development opportunity - Potential for up to 5 stories with purchase of TDR Credits

OVERVIEW

Mountain View Trailer Park is a 9 space all-age community, comprised of all single wide homes, situated on .91 acres of land zoned Pilchuck Center. which is immediately adjacent to the 12.9 acre Pilchuck Park that offers public use of sport fields & courts, water access, and other recreational amenities The property features city water & sewer. Originally constructed in 1968, Mountain View Trailer Park is 100% occupied and consists of 8 park owned homes and 1 tenant owned home. The property offers investors the opportunity to keep operating as a rental home model and further increase rents to market, or renovate the existing homes and bring those to market while operating as a land leased community and recapturing utility expense.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

HO

APN/PARCEL ID

009600-085-002-00,009600-085-003-00,009600-085-004-00,009600-085-005-00,009600-085-006-00,009600-085-007-00,009600-085-008-00,009600-085-009-00

ASK ABOUT THIS PROPERTY

Andrew NorrisKidder MathewsMore Info
206-313-6761

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Andrew NorrisKidder MathewsMore Info
206-313-6761

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.