SOLD | 801 & 802 NE 183rd Ave, Gresham, OR 97230

Details
Price$1,000,000
Spaces15
Acres1.9
ZoneGresham MDR-12/CMU
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Jamestown Mobile Estates presents an outstanding investment opportunity in Portland, Oregon. This 15-space mobile home park is ideally located near Hartley Elementary School and is surrounded by a vibrant mix of businesses and restaurants. The park currently maintains full occupancy, with each of the 15 spaces commanding an average monthly rent of $398, ensuring a consistent and reliable income stream.

What distinguishes this property is its long-term stability. The park is fully occupied, providing investors with an immediate and dependable income. Furthermore, the park’s tenants take great pride in homeownership, diligently maintaining their individual spaces, fostering a sense of community and ensuring the long-term value of the investment.

This sale is a rare occurrence as the property has not been on the market for over three decades. For investors seeking a stable income stream in a dynamic Portland real estate market, Jamestown Mobile Estates offers a compelling opportunity.

SMI Real Estate, Jordan Lundstrom Broker Licensed in the State of Oregon and Tyson Cross, Broker Licensed in the States of Oregon and Washington represented the Buyer and the Seller in this transaction.

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