445 E Jennie Ave - Manufactured Housing/Mobile Housing FOR SALE


Hermiston, OR 97838
$8,500,000 USD
971-645-2407
445 E Jennie Ave, Hermiston, OR for Sale
$8,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/36
null | Request Cap Rate

445 E Jennie Ave
Hermiston, OR 97838


HIGHLIGHTS

  • Off-Street Parking with paved streets
  • On-site storage
  • On-site management
  • Community green space
  • On-site laundry facility
  • Convenient access to Highway 395, public transportation, and Hermiston Airport

OVERVIEW

Colliers, as the sole and exclusive agent, is pleased to present the opportunity to acquire Tierra Linda Estates, a spacious and well positioned all-ages community in Hermiston, Oregon. Tierra Linda Estates encompasses 106 homesites, offering a blend of single and multi-section homes on paved streets with average width. The community provides off-street parking, an on-site laundry facility, storage, and green space, ensuring a comfortable and convenient living experience for residents. The park benefits from on-site management and proximity to key transportation routes, including Highway 395, public transit options, and Hermiston Airport. With no age restrictions, Tierra Linda Estates attracts families and individuals seeking affordable housing in a thriving community. This offering represents a rare opportunity to acquire a high-capacity, income-generating property in one of Eastern Oregon’s growing regions.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

106

PRICE/UNIT

$80,189

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tierra Linda Estates MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

R-1A

APN/PARCEL ID

143058

ASK ABOUT THIS PROPERTY

Alexander ChengColliersMore Info
971-645-2407

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Alexander ChengColliersMore Info
971-645-2407

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