950 Airport Rd SE - Manufactured Housing/Mobile Housing FOR SALE


Albany, OR 97322
$10,500,000 USD
971-645-2407
950 Airport Rd SE, Albany, OR for Sale
$10,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/39
null | Request Cap Rate

950 Airport Rd SE
Albany, OR 97322


OVERVIEW

Colliers, as the sole and exclusive agent, is pleased to present the opportunity to acquire Sequoia Estates Mobile Home Park, a thriving all-ages community in Albany, Oregon. Sequoia Estates spans 12.72 acres and features 106 homesites, blending single and multi-section homes with 10% dedicated to RV sites. The park offers paved streets of average width, off-street parking, and essential amenities such as a clubhouse, playground, green space, and on-site management. Additional conveniences include a coin-operated laundry facility, showers, and tenant storage. Strategically located on Airport Road SE, the community provides easy access to I-5 and Highway 20, enhancing connectivity to surrounding areas. With no age restrictions, Sequoia Estates attracts a diverse range of residents, fostering a welcoming and dynamic neighborhood environment. Sequoia Estates Mobile Home Park represents a prime opportunity to acquire a well-established, income-generating asset in the heart of Albany, Oregon.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$420 USD /SF

# OF UNITS

106

PRICE/UNIT

$99,057

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sequoia Estates

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.72 AC

LAND SF

554,083 SF

ZONING

-

APN/PARCEL ID

0108213

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.