Colliers, as the sole and exclusive agent, is pleased to offer the opportunity to acquire Vista Del Rio, a meticulouslymaintained Class A manufactured home community located
in Vancouver, Washington.
This thriving senior housing (55+) community is comprised of 213 sites, each featuring a double-wide or larger tenant-owned home, and impressive amenities, including a clubhouse, pool, garden, RV and boat storage, and lush green walkways throughout. The community is connected to the city sewer system, receives water from three private wells, and benefits from a resurfacing project that will be completed this year.
Vista Del Rio is strategically located in one of the fastest growing submarkets of the Portland MSA, which has a
population of over 2.5 million people and median home values that exceed $612,000. Situated just ten miles east of the new Vancouver Waterfront development, the property is well positioned to benefit from the $1.5 billion construction investment, of which $1 billion has already been delivered or is underway.
Effective January 2025, on-site average rents will be $907 per month which includes water and sewer. Comparable communities charge well over $1,000 per month, net of utilities. Current ownership seeks to close the sale in April 2025.