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.
