Forest Park Mobile Village 18830 S HIGHWAY 99E Mobile Home Park $4,750,000 5.71% Cap Rate Oregon City, OR 97045

Forest Park Mobile Village is an all-ages manufactured home community located at 18830 S Highway 99E in Oregon City, Oregon, positioned directly along a major thoroughfare between Oregon City and Canby. The property consists of 41 manufactured home sites in addition to one single-family house and one studio apartment is 100% occupied and zero park owned homes. Nearly 60% of the sites can accommodate multi-section homes. There is one undeveloped site.
Average site rent is currently $841 including water, sewer, and garbage. This is well below comparable communities in Oregon City. One community in Clackamas County was cited at $1,450 per month net of utilities.
The community offers residents a family-friendly living environment with a quiet, country-like atmosphere situated directly across from the scenic Willamette River. Residents benefit from convenient access to local schools, recreation, shopping, and entertainment, as well as proximity to the broader amenities of Oregon City. As the first state capital and the county seat of Clackamas County, Oregon City is home to diverse commercial centers, historical and cultural attractions, and multiple museums and interpretive centers celebrating the region’s pioneer heritage.
Forest Park Mobile Village is a well-maintained community featuring paved roads, off-street parking, and pet-friendly policies with community approval. The community is served by well and septic systems that the owners have diligently maintained. The property’s strong occupancy, stable tenant base, and under-market rents position it as an attractive investment opportunity with an opportunity to add value.