3016 SE Holly Ave - Manufactured Housing/Mobile Housing FOR SALE


Milwaukie, OR 97222- Milwaukie Heights
$1,500,000 USD
503-390-6060
3016 SE Holly Ave, Milwaukie, OR for Sale
$1,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/18
null | Request Cap Rate

3016 SE Holly Ave
Milwaukie, OR 97222
Milwaukie Heights


OVERVIEW

Holly Court Mobile Home Park, located at 3016 SE Holly Avenue, Milwaukie, OR 97222. This park consists of 10 tenant-owned homes, all of which are double-wide units built in the 1990s. The infrastructure is also of 1990s vintage and remains in excellent condition. Each space rents for $1,164 per month, providing exceptionally stable income with no vacancies or delinquencies throughout the current ownership. Situated in Clackamas County, just outside Portland city limits, the property benefits from strong demand for affordable housing without being subject to Portland's city regulations. This is a rare opportunity for an investor seeking long-term passive income with minimal operational requirements in a desirable location.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

10

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holly Court Mobile Home Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

-

APN/PARCEL ID

01546465

ASK ABOUT THIS PROPERTY

Jordan LundstromSMI Real EstateMore Info
503-390-6060

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Jordan LundstromSMI Real EstateMore Info
503-390-6060

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