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Scandialand 15800 Scandia Rd 27 Unit Mobile Home Park $4,943,160 CAD ($183,080 CAD/Unit) 6.08% Cap Rate Poulsbo, WA 98370
Investment Highlights
- Quality 27 -All Tenant Owned- Community on Sub-metered Sewer & Private Well
- Ideal Kitsap County location within an hour drive to Seattle & 15 minutes from Bremerton
- Very low maintenance Property with no common areas needed to upkeep
- Current Space Rents $850.00; increasing 5% Effective Sept 2026
- On-Site Manager that lives near Property
Executive Summary
Scandialand Mobile Home Park is a 27-space, all-age manufactured home community located in Poulsbo, Washington, within desirable Kitsap County. The property is situated in a scenic valley between the Olympic and Cascade mountain ranges and benefits from strong regional demand for affordable housing.
The park is well maintained and offers a quiet, park-like setting with large lots and open grass recreation areas that support long-term tenant retention. The community is serviced by an on-site private well and city sewer, with tenants responsible for submetered sewer and garbage reimbursements.
The property currently operates at 100% occupancy with space rents of approximately $850.50 per month. Most all Tenants rent anniversary occur effective September 1st with 5% increase being served to tenants May 2026 (90 Day Notice). Additional income is generated through pet fees, and utility reimbursements further enhance operating performance.
The park is well maintained and offers a quiet, park-like setting with large lots and open grass recreation areas that support long-term tenant retention. The community is serviced by an on-site private well and city sewer, with tenants responsible for submetered sewer and garbage reimbursements.
The property currently operates at 100% occupancy with space rents of approximately $850.50 per month. Most all Tenants rent anniversary occur effective September 1st with 5% increase being served to tenants May 2026 (90 Day Notice). Additional income is generated through pet fees, and utility reimbursements further enhance operating performance.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$446,105
|
$636.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$446,105
|
$636.38
|
| Taxes |
$31,510
|
$44.95
|
| Operating Expenses |
$114,029
|
$162.67
|
| Total Expenses |
$145,539
|
$207.62
|
| Net Operating Income |
$300,566
|
$428.77
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $446,105 |
| Annual Per SF | $636.38 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $446,105 |
| Annual Per SF | $636.38 |
| Taxes (CAD) | |
|---|---|
| Annual | $31,510 |
| Annual Per SF | $44.95 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $114,029 |
| Annual Per SF | $162.67 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $145,539 |
| Annual Per SF | $207.62 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $300,566 |
| Annual Per SF | $428.77 |
Property Facts
| Price | $4,943,160 CAD | Building Class | C |
| Price Per Unit | $183,080 CAD | Lot Size | 4.16 AC |
| Sale Type | Investment | Building Size | 701 SF |
| Cap Rate | 6.08% | No. Stories | 1 |
| No. Units | 27 | Year Built | 1974 |
| Property Type | Multifamily | Parking Ratio | 10/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | RP | ||
| Price | $4,943,160 CAD |
| Price Per Unit | $183,080 CAD |
| Sale Type | Investment |
| Cap Rate | 6.08% |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 4.16 AC |
| Building Size | 701 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 10/1,000 SF |
| Zoning | RP |
Amenities
Site Amenities
- Courtyard
- Green Community
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 27 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 342601-1-018-2003 | Total Assessment | $3,701,328 CAD (2026) |
| Land Assessment | $268,523 CAD (2026) | Annual Taxes | $31,510 CAD ($44.95 CAD/SF) |
| Improvements Assessment | $3,432,805 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
342601-1-018-2003
Land Assessment
$268,523 CAD (2026)
Improvements Assessment
$3,432,805 CAD (2026)
Total Assessment
$3,701,328 CAD (2026)
Annual Taxes
$31,510 CAD ($44.95 CAD/SF)
Tax Year
2025
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Northwest Park Brokerage
Scandialand | 15800 Scandia Rd
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