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33549 Cherry Way
Scappoose, OR 97056
Country Villa Court 55+ MHC · Land For Sale
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5.43 AC
INVESTMENT HIGHLIGHTS
- High-demand senior community with strong occupancy.
- Below-market rents offer significant upside potential.
- Located in Portland metro with 2.5M population.
EXECUTIVE SUMMARY
The surrounding trade area is undersupplied with senior-centric housing, creating a compelling value-add scenario. Current lot rents and utility bill-backs are under market compared to regional peers, offering immediate upside through rent adjustments. Six site-built homes generating $1,200+ monthly each further enhance revenue diversity. With a median household income exceeding $100,000 within a five-mile radius and limited new development, this asset is positioned for long-term growth. Investors can capitalize on operational efficiencies, below-market utility costs via a park-owned well, and a clear path to institutional-grade management.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 5.43 AC |
| Lot Size | 5.43 AC |
55+ manufactured housing community with 60 sites on 5.43 acres in Scappoose, OR. Features well water, septic system, and gravel roads, offering a quiet senior living environment near Portland metro.
DESCRIPTION
Country Villa Court is a thoughtfully designed senior community located in Scappoose, Oregon, just 30 miles from Portland International Airport. Spanning 5.43 acres, the property includes 60 sites, primarily resident-owned lots, along with six single-family rental homes and one commercial unit. The community is served by a park-owned well and septic system, ensuring reliable utilities, and features gravel roads and driveways for easy maintenance. Residents enjoy a peaceful setting with convenient access to major traffic corridors, including Columbia River Highway, and proximity to essential services and regional employers. With a strong local demographic profile—median household income exceeding $100,000 within five miles—the area offers stability and appeal for long-term occupancy. Country Villa Court reflects high pride of ownership and provides a comfortable, low-maintenance lifestyle for its 55+ residents.
