Country Villa Court presents a rare opportunity to acquire a stabilized 55+ manufactured housing community in the thriving Portland-Vancouver-Hillsboro MSA. Situated in Scappoose, Oregon, just 30 miles from Portland International Airport, this 60-site property spans 5.43 acres and boasts 97% physical occupancy with strong economic performance. The community benefits from exceptional visibility along Columbia River Highway (30,500 VPD) and proximity to major employers such as Intel, Nike, and OHSU, ensuring sustained demand.
The surrounding trade area is undersupplied with senior-centric housing, creating a compelling value-add scenario. Current lot rents and utility bill-backs are under market compared to regional peers, offering immediate upside through rent adjustments. Six site-built homes generating $1,200+ monthly each further enhance revenue diversity. With a median household income exceeding $100,000 within a five-mile radius and limited new development, this asset is positioned for long-term growth. Investors can capitalize on operational efficiencies, below-market utility costs via a park-owned well, and a clear path to institutional-grade management.