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31824856
31824855

819 S Comstock Road, Sutherlin, OR 97479

SN
CA CA 02090800
Northmarq - LA
JB
CA CA 01327285
Northmarq Capital, LLC
Northmarq
KS
MN 02122485, 02122485
Northmarq Capital, LLC
Listed by Northmarq - LA, Northmarq Capital, LLC, Northmarq
$6,000,000
46 days on market
Updated 45 days ago

Allen's Mobile Villa

Details
Property Type Mobile Home Park
Pads 74
Cap Rate 5.61%
NOI $336,801
Occupancy 94.59%
Tenancy Multi
Pro-Forma Cap Rate 5.28%
Pro-Forma NOI $316,506
Year Built 1979
Acreage 6.930
Investment Type Stabilized

Mobile Home Park | 5.61% CAP | 74 Pads

Marketing description

Northmarq is pleased to present Allen's Mobile Villa, located in Sutherlin, Oregon. The community consists of 74 pads, which includes primarily tenant-owned mobile homes, and is serviced by city utilities. The property has in-place space rents averaging $617, indicating significant upside based on nearby comparables. The community is priced at $6,000,000, or $81,081 per pad and a 5.61% in-place cap rate based on 2025 financials and a 5.28% cap rate based on stabilized (pro-forma) expenses. With barriers to new development and a continued need for affordable housing options, well-located manufactured housing communities like Allen's Mobile Villa are well-positioned to benefit from stable occupancy and long-term rent growth.

Sutherlin is strategically located along the I-5 corridor in Southern Oregon, approximately 20 minutes north of Roseburg and just over an hour from Eugene, providing residents with convenient access to larger employment centers, healthcare, and retail amenities while maintaining a more affordable cost of living. The region has experienced steady population growth driven by in-migration from higher-cost West Coast markets, supporting continued demand for attainable housing.

Investment highlights

  • 74 pads, which includes primarily tenant-owned mobile homes, and is serviced by city utilities
  • In-place space rents averaging $617, indicating significant upside based on nearby comparables
  • Priced at $6,000,000, or $81,081 per pad and a 5.61% in-place cap rate based on 2025 financials and a 5.28% cap rate based on stabilized (pro-forma) expenses
  • Barriers to new development and a continued need for affordable housing options
  • Well-located manufactured housing communities like Allen's Mobile Villa are well-positioned to benefit from stable occupancy and long-term rent growth
  • Strategically located along the I-5 corridor in Southern Oregon, approximately 20 minutes north of Roseburg and just over an hour from Eugene
  • Convenient access to larger employment centers, healthcare, and retail amenities while maintaining a more affordable cost of living
  • Steady population growth driven by in-migration from higher-cost West Coast markets, supporting continued demand for attainable housing

Listing Contacts

SN
CA CA 02090800
Northmarq - LA
JB
CA CA 01327285
Northmarq Capital, LLC
Northmarq
KS
MN 02122485, 02122485
Northmarq Capital, LLC
Listed by Northmarq - LA, Northmarq Capital, LLC, Northmarq

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$336,801.00
$28,066.75/mo

Valuation Metrics

0
DSCR
5.61%
Cap Rate
5.61%
ROI

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Additional Information

Name
Kevin Adatto
License
200003168
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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