Lakeside Mobile Home Park | 17004 E Lake Goodwin Rd
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Lakeside Mobile Home Park 17004 E Lake Goodwin Rd
11 Unit Mobile Home Park £1,955,343 (£177,758/Unit) 9.67% Net Initial Yield Stanwood, WA 98292
Executive Summary
Seize this exceptional investment opportunity with a must-have mobile home park located on Lake Goodwin, the second-largest lake in Snohomish County, spanning over 530 acres! This property features a twelve-space mobile home park with five double wides, six single wides, one RV space, and a 1-bedroom, 1-bath stick-framed house complete with a two-car covered carport. While the 808 sq. ft. home and two of the mobiles require repairs, it offers immense potential to increase income once repaired. All mobile homes are park-owned, ensuring consistent revenue. Enjoy 100 feet of prime waterfront with a large dock for fishing and swimming!
Additional amenities include a three-car garage, a one-car garage with a shop area that could be rented out to generate extra income! There is a 400 sq. ft. laundry facility with two bathrooms, showers, and coin-operated washers and dryers for resident convenience. The park boasts blacktop roads and beautiful landscaping throughout. All mobiles are individually metered for power. Situated on two separate tax lots totaling 1.93 Acres, many mobile homes offer stunning western lake views and high resale values, enhancing your return on investment by selling some or all of the existing mobiles!
This lakeside property uniquely combines investment potential with a prime recreational lifestyle. Don’t miss out on this rare, once-in-a-lifetime opportunity to own a mobile home park on Lake Goodwin! This is the investment you’ve been waiting for!
All Showings MUST Be Scheduled Through The Listing Agent
Additional amenities include a three-car garage, a one-car garage with a shop area that could be rented out to generate extra income! There is a 400 sq. ft. laundry facility with two bathrooms, showers, and coin-operated washers and dryers for resident convenience. The park boasts blacktop roads and beautiful landscaping throughout. All mobiles are individually metered for power. Situated on two separate tax lots totaling 1.93 Acres, many mobile homes offer stunning western lake views and high resale values, enhancing your return on investment by selling some or all of the existing mobiles!
This lakeside property uniquely combines investment potential with a prime recreational lifestyle. Don’t miss out on this rare, once-in-a-lifetime opportunity to own a mobile home park on Lake Goodwin! This is the investment you’ve been waiting for!
All Showings MUST Be Scheduled Through The Listing Agent
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£189,079
|
£20.35
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £189,079 |
| Annual Per SF | £20.35 |
Property Facts
| Price | £1,955,343 | Building Class | C |
| Price Per Unit | £177,758 | Lot Size | 1.93 AC |
| Sale Type | Investment | Building Size | 9,292 SF |
| Net Initial Yield | 9.67% | Number of Floors | 1 |
| No. Units | 11 | Year Built | 1951 |
| Property Type | Residential | Parking Ratio | 1/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Parcel Number | 009600-059-005-00 |
| Price | £1,955,343 |
| Price Per Unit | £177,758 |
| Sale Type | Investment |
| Net Initial Yield | 9.67% |
| No. Units | 11 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.93 AC |
| Building Size | 9,292 SF |
| Number of Floors | 1 |
| Year Built | 1951 |
| Parking Ratio | 1/1,000 SF |
| Parcel Number | 009600-059-005-00 |
1 of 1
zoning
| Zoning Code | R5, Stanwood |
| R5, Stanwood |
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Lakeside Mobile Home Park | 17004 E Lake Goodwin Rd
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