**ATTN: Investors ** Selling AS-IS existing AirBNB rooming house income property. 5.6 Cap Multi-Family zoned. Room to improve existing below market rents with renovation; always full last 2 years while self managing. 8-10 Unit Development with view of Lake Washington possible with city of LFP reapplication. Hold / Build. Seller Financing and JV can be arranged with down-payment. All Arch, Engineering + reports available and existing Rental PNL.
Lake Forest Park is located in Washington. Lake Forest Park, Washington has a population of 13,247. Lake Forest Park is less family-centric than the surrounding county with 32.44% of the households containing married families with children. The county average for households married with children is 35.76%.
The median household income in Lake Forest Park, Washington is $101,429. The median household income for the surrounding county is $83,571 compared to the national median of $57,652. The median age of people living in Lake Forest Park is 45.4 years.
The average high temperature in July is 75.9 degrees, with an average low temperature in January of 36.3 degrees. The average rainfall is approximately 48.1 inches per year, with 7.1 inches of snow per year.