Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 7.1%
  • Listing ID: 675744
  • Posted On: Jun 9, 2016
  • Updated On: Nov 30, 2016

Description

Nice all ages park on the east side of Portland, Oregon, the hottest housing market in the US! City water, city sewer, paved roadways. 42 mobile home/RV pads and 8 apartments with laundry room. Assigned parking, easy access to I-84 and I-205, on the bus line and close to shopping. 7 park owned units could be sold to the tenants. 4 current vacancies. Lots of renovation and improvements completed by the current owners. Call listing agent for details and a package!

Amenities

  • Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 42
Total Occupancy: 92.0 %
Average MH Lot Rent: $495
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $293,754
Operating Expense: $124,839
Net Operating Income: $168,915
Expense Ratio: 42.5 %
Debt Info: New loan required

Lot Information

Singlewide Lots: 41
Doublewide Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: City