Mobile Home Park Details
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Purchase Method:
Cash, New Loan
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Cap Rate:
7.5%
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Listing ID:
1927540
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Posted On:
Nov 4, 2022
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Updated On:
Nov 9, 2023
Description
Incredible opportunity to own 22 income-producing homes in the scenic Columbia River Gorge. Rowena Crest is a 22-space community with 12 park-owned manufactured homes and 10 stick-built rental homes. Most homes are newly placed or remodeled in the past 3 years. Total park net income is $216,125 (7.5% cap rate) with room to increase rental income. See Offering Memorandum for additional pictures and details.
Location
The Dalles is the largest city in Wasco County, located just 1 hr. and 20 mins. from Portland, Oregon, and is home to The Dalles Dam, Google Data Center, and The Dalles Bridge connecting Oregon and Washington. The area enjoys healthy tourist activity from world-class windsurfing and outdoor recreation.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Utility Information
| Water: |
Well |
| Water Paid By: |
Park
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| Sewer: |
Septic |
