Contact Information
Perri Weber
License: WA 139417 / CA 02105217
Mobile Home Park Details
- Price: $975,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.9% (Pro Forma)
- Listing ID: 7029200
- Posted On: Apr 23, 2026
- Updated On: May 26, 2026
Description
Priced under $1M in the high-barrier Portland metro market, this stabilized 12-space mobile home park delivers immediate cash flow on city water and city sewer, with significant value-add upside through infilling remaining vacancies with high-demand tiny homes or RVs.
Strategically situated in Clackamas County, the asset circumvents strict Multnomah County rent regulations while maintaining a highly desirable, close-in location. Furthermore, its under-30-space exemption unlocks a massive regulatory advantage, legally permitting a 9.5% rent increase in 2026 – significantly outperforming the 6% cap imposed on larger parks.
Operational overhead is exceptionally low with 100% tenant-paid utilities and a brand-new electrical infrastructure completed in 2025.
This turnkey investment is further enhanced by flexible seller financing available at 50% down.
Location
Located in Happy Valley within the Portland metropolitan area (2.5M+ population). Quiet neighborhood setting tucked among large evergreen trees.
Amenities
- Storage
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 12 |
| Total Occupancy: | 60.0 % |
| Average MH Lot Rent: | $850 |
| Size: | 0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $127,342 |
| Operating Expense: | $30,716 |
| Net Operating Income: | $96,626 |
| Expense Ratio: | 24.1 % |
| Debt Info: | 465,028 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |