Colliers, as the sole and exclusive agent, is pleased to offer the opportunity to acquire HiddenView Estates, a pristine Class A manufactured home community located in Oregon’s capitol of Salem. This senior (55+) community was one of the most recently developed communities within the state around 1992 and is comprised of 13 multi-section homes with garages, one RV site, and covered storage. All homes are tenant-owned with spacious lots, off-street parking and sidewalks. There are no common area amenities to maintain. City water and sewer service the park and can be passed through for additional income. Salem is less than an hour’s drive south along Interstate 5 from Portland. The Salem MSA boasts over 433,000 residents and median home prices over $520,000. The location affords residents easy access to local area amenities. Half of the tenants will be noticed for an effective 10% increase in April with the remaining lease anniversaries staggered through the remainder of the year. Average rents will be $834 per month which includes water and sewer in a market where comparable communities rent in excess of $1,100 per month net of utilities.