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Contact Information

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
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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

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