Contact Information
Perri Weber
License: WA 139417 / CA 02105217
Mobile Home Park Details
- Price: $975,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.7% (Pro Forma)
- Listing ID: 7029200
- Posted On: Apr 23, 2026
- Updated On: Apr 23, 2026
Description
Property Overview:
• 12-space mobile home park (8 occupied, 1 vacant single-wide included, 2 park model tiny homes, 1 stick-built unit). 10 permitted units.
• Ideal for multifamily investors looking to scale from duplex/triplex into higher unit count
Financial Summary:
• Price: $975,000
• Pro forma cap rate: 7.56%
• Pro forma income: $105,247 annually
• Estimated expenses: $31,574 (30%)
• Estimated NOI: $73,673
Financing:
• Seller financing available with 50% down
Utilities & Infrastructure:
• All utilities tenant-paid (city water & city sewer)
• New electrical infrastructure completed in 2025
Value-Add Opportunity:
• Lease-up and rent upside
• Infill potential with additional park models or RVs
Location
• Located in Happy Valley within the Portland metropolitan area (2.5M+ population) • Quiet neighborhood setting tucked among large evergreen trees
Amenities
- Storage
Park Information
| Community Type: | All Age |
| Total Occupancy: | 67.0 % |
| Average MH Lot Rent: | $750 |
Financial Information (Pro Forma)
| Gross Income: | $105,247 |
| Operating Expense: | $31,574 |
| Net Operating Income: | $73,673 |
| Expense Ratio: | 30.0 % |
| Debt Info: | 465,028 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |
