Contact Information
Saundra Price
License: WA#: 106415 OR#: 201216252
Northwest Park Brokerage
Mobile Home Park Details
- Price: $3,600,000
- Purchase Method: Cash, New Loan
- Cap Rate: 6.1% (Pro Forma)
- Listing ID: 7026879
- Posted On: Apr 14, 2026
- Updated On: Apr 27, 2026
Description
Scandialand Mobile Home Park is a 27-space, all-age manufactured home community located in Poulsbo, Washington, within desirable Kitsap County. The property is situated in a scenic valley between the Olympic and Cascade mountain ranges and benefits from strong regional demand for affordable housing.
The park is well maintained and offers a quiet, park-like setting with large lots and open grass recreation areas that support long-term tenant retention. The community is serviced by an on-site private well and city sewer, with tenants responsible for submetered sewer and garbage reimbursements.
The property currently operates at 100% occupancy with space rents of approximately $850.50 per month. Most all Tenants rent anniversary occur effective September 1st with 5% increase being served to tenants May 2026 (90 Day Notice). Additional income is generated through pet fees, and utility reimbursements further enhance operating performance.
Location
Scandialand is conveniently accessed from Highway 308 with connectivity to Highway WA-3, providing access throughout Kitsap County and the greater Puget Sound region. The property is located approximately 15 minutes from Bremerton, the largest city in the county, and roughly one hour from Seattle. Kitsap County’s population of approximately 277,881 and strong residential appeal support long-term manufactured housing demand and investment stability.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 27 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1971 |
| Average MH Lot Rent: | $850 |
| Size: | 4 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $324,889 |
| Operating Expense: | $105,993 |
| Net Operating Income: | $218,896 |
| Expense Ratio: | 32.6 % |
Lot Information
| Singlewide Lots: | 25 |
| Doublewide Lots: | 2 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |