Derek Harris • 602-803-6227
Manufactured Housing & Commercial Brokerage

Oregon MHC Trio

Cornelius, Eugene & Troutdale
,
Oregon

Oregon MHC Trio

JLL and Harri5, as exclusive advisors, are please to present the opportunity to acquire three best in class Manufactured Housing Communities ("MHC"s) located in the Portland and Eugene MSAs of Oregon. Columbia Heights, Forest Hills, and Lakewood Vista (collectively "the Properties") encapsulate a total of 388 sites in high cost of living markets along the l-5 corridor in Oregon.

  • Strong History of Near 100% Occupancy
  • 100% Tenant Owned Homes
  • Weighted Average Site Rent of $930
  • Weighted Average Market Rent of $1,311
  • Implied 41% Mark to Market
  • 8.3% Average Annual Turnover
  • High Quality Amenities, $8.5MM in recent Seller Capex
  • Strong Market Rent CAGR

Property Details

Property Name

Oregon MHC Trio

Property Type

Three MHC Communities in Oregon

Address

Cornelius, Eugene & Troutdale Oregon
7200 N 43rd Ave, Glendale, AZ 85301

Number of Units

388

GLA

Property Area

Year Built

Parking

Utilities

Park-Specific

Amenities

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