Stonewood & Lone Oak 2 Multifamily Properties in Multiple Locations

Stonewood Mobile Home Park and Lone Oak Trailer Court present a rare opportunity to acquire a two-property manufactured housing portfolio totaling 123 sites and units across two established Oregon communities. Located in La Grande and Milwaukie, the portfolio offers immediate cash flow, diversified geographic exposure, and the stability associated with one of the nation's most resilient real estate sectors.
The portfolio consists of Stonewood Mobile Home Park, a 103-site all-ages manufactured housing community situated on approximately 14.94 acres in La Grande, Oregon, and Lone Oak Trailer Court, an 18-site manufactured housing community with an additional duplex located in Milwaukie, Oregon. Together, the assets generate approximately $773,816 in annual rental income with a combined Year 1 projected NOI exceeding $656,000.
Both communities benefit from strong occupancy, established resident bases, and strategic locations near major transportation corridors, employment centers, retail amenities, and regional services. The properties offer investors exposure to two distinct Oregon markets while benefiting from the operational efficiencies and long-term demand drivers that continue to support the manufactured housing sector.
Manufactured housing remains one of the most sought-after asset classes due to limited new supply, high resident retention, affordable housing demand, and attractive operating margins. This portfolio provides investors with scale, stable income, and future rental growth potential across two well-positioned communities.