Log In/Sign Up
Your email has been sent.
351 Front St 10 Unit Mobile Home Park $819,052 CAD ($81,905 CAD/Unit) 7.49% Cap Rate Junction City, OR 97448
Investment Highlights
- 10-Space Manufactured Housing Community (MHP)
- 7.5% Actual CAP | 8.6% Proforma CAP
- Strong Demand for Affordable Housing in Junction City
- Stable In-Place Income with Established Tenant Base
- Value-Add Opportunity Through Rent Optimization
Executive Summary
Front Street Commons is a 10-space manufactured housing community in Junction City offering stable in-place income with upside through rent optimization. The property features an established tenant base, public utilities, and one park-owned home, providing a mix of pad rent and additional income.
Current operations show consistent performance with a clear path to increased NOI through modest rent adjustments. Located in a strong-demand affordable housing market, this asset is well-positioned for long-term cash flow and stability.
Current operations show consistent performance with a clear path to increased NOI through modest rent adjustments. Located in a strong-demand affordable housing market, this asset is well-positioned for long-term cash flow and stability.
Property Facts
| Price | $819,052 CAD | Building Class | C |
| Price Per Unit | $81,905 CAD | Lot Size | 0.57 AC |
| Sale Type | Investment | Building Size | 24,829 SF |
| Cap Rate | 7.49% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | Commercial - Commercial Zoning - Allows Manufactured Housing Community (MHP) | ||
| Price | $819,052 CAD |
| Price Per Unit | $81,905 CAD |
| Sale Type | Investment |
| Cap Rate | 7.49% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 24,829 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1973 |
| Zoning | Commercial - Commercial Zoning - Allows Manufactured Housing Community (MHP) |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
351 Front St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.