17004 E Lake Goodwin Road, Stanwood, WA 98292

$2,699,000

Listing courtesy of Real Estate 2000 Inc..

List Price
$2,699,000
Status
ACTIVE
MLS#
2278128
Days on Market
15

Property Description

Seize a rare investment opportunity with this mobile home park on Lake Goodwin! The property includes 12 spaces: 5 doubles, 6 singles, 1 RV space, and a 1-bedroom, 1-bath house with a two-car carport. While the 808 sq. ft. home and 2 of the mobiles need repairs, there's immense potential to boost income after renovations. All park-owned, ensuring consistent revenue. Enjoy 100 feet of waterfront, a 3-car garage, and a 1-car garage with a shop area. The park features blacktop roads, beautiful landscaping, a 400 sq. ft. laundry facility with coin-operated machines, and individual power meters for all mobiles. Boost your ROI by selling some or all of the existing mobiles. Don’t miss this opportunity to own a lakeside park at Lake Goodwin!

Additional Information

Community
Lake Goodwin
Style
72 - Mobile Home Park
Year Built
1951
Waterfront
Yes
Waterfront Description
Lake
Potential Terms
Cash Out, Conventional
Driving Directions
GPS Friendly
Buyer Agency Compensation
2.5
Net Operating Income
$241,650
Gross Adjusted Income
$322,200
Cap Rate
8.95
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