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

Renton Highland Manor & Laurelwood MHP

Seattle & Tacoma
,
Washington

Renton Highland Manor & Laurelwood MHP

Laurelwood MHP & Renton Highland Manor offer investors a rare opportunity to acquire a tightly concentrated, two-asset manufactured housing portfolio in the Puget Sound region. Located in Auburn and Renton, the portfolio delivers immediate scale with 88 total lots, strong in-place occupancy, and meaningful embedded rent upside.

The communities provide cash flow supported by resident-billed submetering, plus clear revenue growth through mark-to-market rent execution. Renton also benefits from ancillary income via 19 paid parking spaces and an attractive assumable agency loan structure. Laurelwood MHP has an additional 10 paid parking spaces and remains agency financeable with no in-place assumable debt.

Renton Highland Manor benefits from attractive, in-place agency financing that can be assumed by a qualified buyer.

Property Details

Property Name

Renton Highland Manor & Laurelwood MHP

Property Type

TWO STABILIZED, HIGH-DEMAND MOBILE HOME PARKS

Address

3612 NE 4th St, Renton, WA 98056
7200 N 43rd Ave, Glendale, AZ 85301

Number of Units

88

GLA

Property Area

Year Built

Parking

On-Site

Utilities

See OM

Amenities

Storage & Walkable Access to Multiple Parks, Community Green Space

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