- ADDRESS:
- 8460 SE CLATSOP ST Happy Valley, OR 97086
- Price:
- $975,000
- Units:
- 12
- Acres:
- 0.35
- Unit 1:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 2:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 3:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 4:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 5:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 6:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 7:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 8:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 9:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 10:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 11:
- 1 Bed 1.0 Bath $1,500/mo
- Unit 12:
- 1 Bed 1.0 Bath $1,500/mo
- MLS#:
- 787309065
- Lot Size:
- 15,000 to 19,999 SqFt
- Type:
- Multi
- Zone:
- R5
- Yr Built:
- 1985
- Taxe/yr:
- $5,083.88
- County:
- Clackamas
- Status:
- Active
- Heat:
- WallHeater
- Elem:
- Lewelling
- Middle:
- Rowe
- High:
- Milwaukie
- Lot Desc:
- Level
- Area:
- Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
- Courtesy of:
- Columbia Equity Advisors
- Remarks:
- Priced under $1M in the high-barrier Portland metro market, this stabilized 12-space mobile home park delivers immediate cash flow on city water and city sewer, with significant value-add upside through infilling remaining vacancies with high-demand tiny homes or RVs. Strategically situated in Clackamas County, the asset circumvents strict Multnomah County rent regulations while maintaining a highly desirable, close-in location. Furthermore, its under-30-space exemption unlocks a massive regulatory advantage, legally permitting a 9.5% rent increase in 2026 – significantly outperforming the 6% cap imposed on larger parks. Operational overhead is exceptionally low with 100% tenant-paid utilities and a brand-new electrical infrastructure completed in 2025. This turnkey investment is further enhanced by flexible seller financing available at 50% down.