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Mobile Home Park

Lake Stevens MHP

100 S Davies Rd, Lake Stevens, WA 98258

Listing Price: $4,500,000

Cap Rate
5.04%
Number of Spaces
19
Lot Size
1.81 acres
Occupancy
95.0%
Price/Space
$236,842
Spaces/Acre
10.50
Year Built
1992

Investment Overview

The Leibsohn Vara Group is pleased to exclusively offer for sale Lake Stevens Mobile Home Park, located at 100 S. Davies Rd. in the City of Lake Stevens in Snohomish County. Lake Stevens Mobile Home Park is an all-age community offering 17 Mobile Home Spaces serviced by municipal water and sewer. All homes within the community are “park owned” and are a mix of double and single wide homes. The park also consists of a nice duplex unit with lake views, 9 storage garages, and approximately 17,000 square feet of warehouse space. The park sits on 1.81 acres with R4 zoning and has redevelopment potential for high-end housing. The location of the Lake Stevens Mobile Home Park is right across the street from the Lake, and sits next to Davies Beach. It is also walking distance to the boat launch. Residents of the Lake Stevens Mobile Home Park also benefit from being very close to all major shopping, dining, and business centers in the area, as well as several major bus routes within immediate walking distance, and close proximity to both Interstate 5 and Hwy 9.

Investment Highlights

  • All Ages Community
  • Public Utilities
  • Paved Roads
  • Prime Location Next To Davies Beach
  • Close To All Local Amenities

Exclusively Listed By

Mobile Home Park

Lake Stevens MHP

Listing Price: $4,500,000

Cap Rate
5.04%
Number of Spaces
19
Lot Size
1.81 acres
Occupancy
95.0%
Price/Space
$236,842
Spaces/Acre
10.50
Year Built
1992

Investment Highlights

  • All Ages Community
  • Public Utilities
  • Paved Roads
  • Prime Location Next To Davies Beach
  • Close To All Local Amenities

Investment Overview

The Leibsohn Vara Group is pleased to exclusively offer for sale Lake Stevens Mobile Home Park, located at 100 S. Davies Rd. in the City of Lake Stevens in Snohomish County. Lake Stevens Mobile Home Park is an all-age community offering 17 Mobile Home Spaces serviced by municipal water and sewer. All homes within the community are “park owned” and are a mix of double and single wide homes. The park also consists of a nice duplex unit with lake views, 9 storage garages, and approximately 17,000 square feet of warehouse space. The park sits on 1.81 acres with R4 zoning and has redevelopment potential for high-end housing. The location of the Lake Stevens Mobile Home Park is right across the street from the Lake, and sits next to Davies Beach. It is also walking distance to the boat launch. Residents of the Lake Stevens Mobile Home Park also benefit from being very close to all major shopping, dining, and business centers in the area, as well as several major bus routes within immediate walking distance, and close proximity to both Interstate 5 and Hwy 9.

Exclusively Listed By

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