Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 916799
- Posted On: Apr 5, 2018
- Updated On: Oct 23, 2023
Description
Lakeland Estates is a 13-space unique rural Family Community located in highly desirable Auburn, Washington. Property covers approx. 13 acres and features large lots that are approximately .43 of an acre per home. Property is serviced by Public water and on-site septic system with each home on its own septic tank. Tenants are responsible for Water charges which is directly metered and billed by Covington Water District. Rents are currently $540 and includes sewer. There is currently one vacant space located in Lot #14.
Another unique feature is that the property is zoned as Planned Unit Development (PUD 236-76-P) but current use is “mobile home park” which is significant since a Buyer could change the land use much easier that a park zoned as a MHP. When the park was built, the Department of Health also ruled the property as not a classified “Mobile Home Park” due to large lots and individual septic tanks per home, making the annual inspections not required (Additional Documentation available).
Location
Access from the park is 3 miles to Highway 18, 6 miles from Highway 167 (Valley Freeway) and 9 miles from I-5. Lakeland Estates lies in King County that has a population of 2,188,649 according to the 2017 census. As of 2011, King County was the 86th highest-income county in the United States.
Top employers in the area are Boeing, The Outlet Collection, Auburn School District and Muckleshoot Tribal enterprises. Auburn features Sounder commuter rail that allows commuters to get to Downtown Seattle in roughly 30 minutes, and to Hwy 512 S. of Tacoma in less than 35 minutes.
Park Information
Community Type: | All Age |
Number of MH Lots: | 13 |
Total Occupancy: | 99.0 % |
Year Built: | 1977 |
Average MH Lot Rent: | $540 |
Size: | 15 acre(s) |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |