Listing Courtesy of: Jim Reiter - Columbia Equity Advisors
503-913-1943
$3,575,000
Calculate Payment
Calculate Payment
8205 SE HARNEY St Unit 8205 Portland, OR 97266
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Presenting a rare opportunity to acquire three value-add mobile home/RV parks with 59 total spaces in prime Portland metro locations: (1) 8205 SE Harney St, Portland, OR, (2) 8460 SE Clatsop St, Happy Valley, OR, & (3) 4720 NE 110th Ave, Portland, OR. Each park is connected to city water and sewer, ...with the ability to bill back utilities. Current rents are significantly below market, offering immediate upside through rent adjustments. Properties are valued at 75% occupancy, creating a strong path to boost NOI by filling vacancies.With several low-income housing incentives available, and located in a metro of over 2.5 million residents, these parks offer resilient cash flow and major long-term potential. Don’t miss out on this rare portfolio with both stability and growth ahead! Investment Highlights:-ABILITY TO BILL BACK UTILITIES -RENTS ARE UNDER MARKET -VALUED AT 75% OCCUPANCY -LOCATED IN PORTLAND METRO AREA WITH POPULATION 2.5 MILLION -STABILIZED VALUE $5,735,000
Continue reading
MLS#
557283272
Property Type
Multi-Family
Status
Year Built
1970
Lot Size
1.55
Sewer
Public Sewer Available
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.