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Mobile Home Park Details

  • Price: $2,600,000
  • Cap Rate: 5.0%
  • Property ID: 1482163
  • Posted On: Jul 22, 2021
  • Updated On: Jul 26, 2021

Property Description

(SEE ATTACHED MARKETING PKG)

SOLID 5% CASH FLOW FROM ONSET.
SPACE RENT $100 BELOW MARKET.
RETAIL VALUE OF 14 PARK OWNED HOMES $700,000.
These homes sell like HOT CAKES!
Sell the 14 homes, make $700,000, and reset the space rent to $100 per space higher!

Lone Oak Trailer Court is an established eighteen space all
age park and duplex located in Milwaukie, Oregon, a bustling suburb of the Portland Metro. Built in the late 60’s or early 70’s, the
park is situated on 1.36 level acres and comprised of well maintained single wide mobile homes, of which 14 are park
owned. Also included is a large garage, park office and storage. The utilities are served by public utility. Residents enjoy a peaceful tree lined single family neighborhood, yet are only minutes from complete shopping and services with easy access to Interstate 205.

Quiet yet centrally located with proven history of high
occupancy, Lone Oak Trailer Court is truly a rare investment
opportunity.

SOLID 5% CASH FLOW FROM ONSET.
SPACE RENT $100 BELOW MARKET.
RETAIL VALUE OF 14 PARK OWNED HOMES $700,000.
These homes sell like HOT CAKES!
Sell the 14 homes, make $700,000, and reset the space rent to $100 per space higher!

Location

Milwaukie, Oregon

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 100.0 %
Size: 1 acre(s)

Financial Information (Actual)

Debt Info Free and Clear

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 14

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