7220 Golden Given Road East, Tacoma, WA 98404

Sunstone Real Estate Advisors is pleased to present the opportunity to acquire Golden Village, a 59-site all-ages manufactured housing community located in Tacoma, Washington, within the highly desirable Seattle-Tacoma-Bellevue MSA. Situated on approximately 5.62 acres, the community features a predominantly community-owned home model with 52 community-owned homes, 5 resident-owned homes, one owner-financed unit, and one employee unit. The property is currently operating at approximately 94.9% occupancy, providing investors with stable in-place cash flow in one of the Pacific Northwest's strongest housing markets.

Golden Village offers an attractive combination of current yield and long-term upside through continued occupancy stabilization and rental growth. The community currently averages approximately $830 per site per month, while market rent analysis indicates the property remains below comparable communities in the Tacoma market. With only two vacant homes remaining, investors have the opportunity to quickly achieve near-full occupancy while continuing to capitalize on Tacoma's strong demand for affordable housing alternatives. Utility reimbursements are already in place through RUBS for water and flat-fee sewer recovery, helping offset operating expenses and improve operational efficiency.

The property's value-add strategy is centered around filling the remaining vacant homes and implementing consistent rental rate growth in accordance with Washington state regulations. Underwriting projects occupancy increasing to approximately 98.3%, while average monthly rents are projected to grow from $830 to more than $1,040 per month by Year 3. As occupancy and rents increase, projected annual revenue grows from approximately $643,000 to more than $823,000, driving significant bottom-line growth. Projected NOI increases from approximately $390,000 currently to more than $526,000 by Year 3, representing substantial value creation for a future owner.

Located within the rapidly growing Tacoma market, Golden Village benefits from proximity to Interstate 5, the Port of Tacoma, Joint Base Lewis-McChord, major healthcare systems, and the broader Seattle employment corridor. Strong population growth, rising homeownership costs, and limited affordable housing supply continue to support demand for manufactured housing throughout Pierce County. With high occupancy, below-market rents, and a clear path to NOI growth, Golden Village presents a compelling opportunity to acquire a well-located manufactured housing community in one of the nation's most supply-constrained housing markets.