15800 Scandia Rd - Manufactured Housing/Mobile Housing FOR SALE


Poulsbo, WA 98370
$3,600,000 USD
15800 Scandia Rd, Poulsbo, WA for Sale
$3,600,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 6.08% Cap Rate

15800 Scandia Rd
Poulsbo, WA 98370


HIGHLIGHTS

  • Quality 27 -All Tenant Owned- Community on Sub-metered Sewer & Private Well
  • Current Space Rents $850.00; increasing 5% Effective Sept 2026
  • Ideal Kitsap County location within an hour drive to Seattle & 15 minutes from Bremerton
  • On-Site Manager that lives near Property
  • Very low maintenance Property with no common areas needed to upkeep

OVERVIEW

Scandialand Mobile Home Park is a 27-space, all-age manufactured home community located in Poulsbo, Washington, within desirable Kitsap County. The property is situated in a scenic valley between the Olympic and Cascade mountain ranges and benefits from strong regional demand for affordable housing. The park is well maintained and offers a quiet, park-like setting with large lots and open grass recreation areas that support long-term tenant retention. The community is serviced by an on-site private well and city sewer, with tenants responsible for submetered sewer and garbage reimbursements. The property currently operates at 100% occupancy with space rents of approximately $850.50 per month. Most all Tenants rent anniversary occur effective September 1st with 5% increase being served to tenants May 2026 (90 Day Notice). Additional income is generated through pet fees, and utility reimbursements further enhance operating performance.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$5,136 USD /SF

# OF UNITS

27

PRICE/UNIT

$133,333

CAP RATE

6.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scandialand

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

27

LAND DETAILS

LAND ACRES

4.16 AC

LAND SF

181,210 SF

ZONING

RP

APN/PARCEL ID

342601-1-018-2003

ASK ABOUT THIS PROPERTY

William JacksonNorthwest Park BrokerageMore Info

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William JacksonNorthwest Park BrokerageMore Info

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