Allen's Mobile Villa
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
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