400 N Mill St | Creswell, OR 97426
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- LoopNet Team
400 N Mill St
Creswell, OR 97426
Lane County MHP Portfolio · Multifamily Property For Sale
·
146,561 SF
INVESTMENT HIGHLIGHTS
- Opportunity to improve cash-flow with raising rents
- Minimal landlord operating expenses related to repairs and maintenance costs, due 67 tenant-owned homes and 1 park-owned duplex
- Ideal location near attractive amenities for tenants including restaurants, shopping, parks, and schools
- Attractively priced at a 5.50% blended cap rate for the portfolio
- 100% occupied parks with strong historical occupancy
PROPERTY FACTS
| No. Units | 69 | Building Size | 146,561 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | B | Year Built | 1993 |
| Lot Size | 3.43 AC |
| No. Units | 69 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 3.43 AC |
| Building Size | 146,561 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1993 |
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