3701 Cherry Ave NE - Manufactured Housing/Mobile Housing FOR SALE


Keizer, OR 97303
$1,050,000 USD
503-851-9428
3701 Cherry Ave NE, Keizer, OR for Sale
$1,050,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/9
null | Request Cap Rate

3701 Cherry Ave NE
Keizer, OR 97303


OVERVIEW

This well-maintained, twelve space manufactured home park offers a prime investment opportunity in Keizer. There are nine homes on site and three vacant spaces, two of which have hookups in place. The homes on site, all owned by the property owner, range in size from 672 to 1,008 square feet and were built between 1973 and 1988 and are all exempted into real property and each has their own tax account. The property features mature landscaping and benefits from a convenient location near essential services and public transportation. Zoned for mixed-use, this site provides potential for future development or continued residential income.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

12

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-Unit Manufactured Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Mixed-Use

APN/PARCEL ID

124892

ASK ABOUT THIS PROPERTY

Jennifer MartinFirst Commercial Real EstateMore Info
503-851-9428

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Jennifer MartinFirst Commercial Real EstateMore Info
503-851-9428

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