351 Front St - Manufactured Housing/Mobile Housing FOR SALE


Junction City, OR 97448
$589,000 USD
541-954-3325
351 Front St, Junction City, OR for Sale
$589,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/30
null | 7.49% Cap Rate

351 Front St
Junction City, OR 97448


HIGHLIGHTS

  • 10-Space Manufactured Housing Community (MHP)
  • Stable In-Place Income with Established Tenant Base
  • 7.5% Actual CAP | 8.6% Proforma CAP
  • Value-Add Opportunity Through Rent Optimization
  • Strong Demand for Affordable Housing in Junction City

OVERVIEW

Front Street Commons is a 10-space manufactured housing community in Junction City offering stable in-place income with upside through rent optimization. The property features an established tenant base, public utilities, and one park-owned home, providing a mix of pad rent and additional income. Current operations show consistent performance with a clear path to increased NOI through modest rent adjustments. Located in a strong-demand affordable housing market, this asset is well-positioned for long-term cash flow and stability.

FOR SALE DETAILS

PRICE

$589,000 USD

PRICE/SF

$24 USD /SF

# OF UNITS

10

PRICE/UNIT

$58,900

CAP RATE

7.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

Commercial

APN/PARCEL ID

15-04-32-34-02800

ASK ABOUT THIS PROPERTY

Verne Whittaker IIIWhittaker Investments, IncMore Info
541-954-3325

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Verne Whittaker IIIWhittaker Investments, IncMore Info
541-954-3325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.