200 Emils Way - Manufactured Housing/Mobile Housing FOR SALE


Roseburg, OR 97471
$2,700,000 USD
503-221-2261
200 Emils Way, Roseburg, OR for Sale
$2,700,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/3
null | 8.26% Cap Rate

200 Emils Way
Roseburg, OR 97471


HIGHLIGHTS

  • Below market rent with ability to increase cashflow immediately upon lease-up of vacant spaces at higher rental rates.
  • Serviced by City Water and Sewer
  • Ability for new owner to pass through water, sewer, and garbage charges to tenants

OVERVIEW

Constructed in 1972 and is situated on 8.24 acres of land. Owners have recently removed 6 dilapidated park-owned homes from the previous Owner, improved 4 lots for lease, and have recently installed new mailboxes. The Property is ideally serviced by public water and sewer, and has direct metering for electricity and natural gas to tenants. There has been strong historical occupancy at the park with highdemand for residential housing in the area with limited supply. A poised investor would be able to purchase the Property and immediately increase occupancy and raise rents to generate higher cashflow.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$8 USD /SF

# OF UNITS

61

PRICE/UNIT

$44,262

CAP RATE

8.26%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.24 AC

LAND SF

358,934 SF

ZONING

-

APN/PARCEL ID

R48374,R48416

ASK ABOUT THIS PROPERTY

Tom SaundersKidder MathewsMore Info
503-221-2261

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Tom SaundersKidder MathewsMore Info
503-221-2261

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.