Log In/Sign Up
Your email has been sent.
Medo-Lyn Mobile Ranch 6208 202nd St SW Mobile Home Park $8,172,612 CAD 4.90% Cap Rate Lynnwood, WA 98036
Investment Highlights
- 50-site manufactured housing community
- Consists of 100% resident-owned homes
- First time on the market in 53 years
- Fully occupied community
- Stable, sticky tenancy
- Held by the same family since 1973
Executive Summary
Medo-Lyn Mobile Ranch is being offered for sale for the first time in 53 years. Held by the same family since 1973, the community has been operated as a stable, hands-on family business for more than five decades — a continuity of ownership that is exceedingly rare in today's manufactured housing market. That stewardship shows in the asset's performance: the park is fully occupied, the rent roll has remained stabilized across ownership's tenure, and tenancy issues have been minimal, reflecting a long-tenured resident base of entirely owner-occupied homes with deep ties to the community.
Property Facts
| Price | $8,172,612 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 4.57 AC |
| Cap Rate | 4.90% | Building Size | 750 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1955 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | LI | ||
| Price | $8,172,612 CAD |
| Sale Type | Investment |
| Cap Rate | 4.90% |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.57 AC |
| Building Size | 750 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Opportunity Zone |
Yes |
| Zoning | LI |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 005154-000-014-00 | Improvements Assessment | $3,568,429 CAD |
| Land Assessment | $3,598,312 CAD | Total Assessment | $7,166,741 CAD |
Property Taxes
Parcel Number
005154-000-014-00
Land Assessment
$3,598,312 CAD
Improvements Assessment
$3,568,429 CAD
Total Assessment
$7,166,741 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Medo-Lyn Mobile Ranch | 6208 202nd St SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.