Contact Information
Anja Jauregui
Jones Lang LaSalle
Mobile Home Park Details
- Price: Call for Price
- Cap Rate: 5.3%
- Listing ID: 6985076
- Posted On: Oct 23, 2025
- Updated On: Oct 23, 2025
Description
Madrona East
Cherrywood
Heritage
Carlsborg
View the Listing Here: https://invest.jll.com/listings/living-multi-housing/mhc-washington-4-pack
JLL, as an exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in the Washington 4-Pack (the "Portfolio"), consisting of four communities, totaling 196 sites situated across NW and Central Washington. This offering is fully occupied by all tenant-owned homes and a single-family residence.
The Portfolio stands out by providing immediate scale, comprehensive utility infrastructure, and 97% occupancy rate, ensuring a superior living experience for its residents. The investment opportunity is particularly attractive given the growing demand for affordable housing alternatives in secondary markets, driven by rising costs in major metropolitan areas like the Seattle area.
Location
Madrona East (Ephrata, WA)
Cherrywood (Edgewood, WA)
Heritage (Port Orchard, WA)
Carlsborg (Sequim, WA)
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 196 |
| Total Occupancy: | 97.0 % |
| Average MH Lot Rent: | $753 |
Financial Information
| Net Operating Income: | $1,101,576 |