Viking Mobile Villa and Olson Park

Sales Price: $1,780,000.00

Sales Price: $1,780,000.00
No. Spaces: 30
Price/Space: $57,419
Property Type: Senior Community
Cap Ratio: 6.42%
Net Operating Income: $114,217
Lot Size: 2.5 Acres Acres

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Rare Portland Opportunity!! Viking Mobile Home Park is a 30 space quality Senior community centrally located in Portland, Oregon. Property covers approximately 2.5 acres and contains a stick built rental home and a small laundry building. The park is serviced by public utilities and tenants are responsible for Water/Sewer Charges (Owner pays Garbage).

Access to the property is via one way street and makes a loop around the park - one entrance, one exit. Cross streets are 111th & E Powell Blvd, less than a mile from I-205 and within walking distance to a Safeway. Portland offers an array of attractions with 35 minute drive from Columbia River Gorge & Willamette Valley Wine County as well as an hour drive to the Oregon Coast and Mount Hood.

Portland is the largest city in the U.S. state of Oregon and the seat of Multnomah County, located near the confluence of the Willamette and Columbia rivers. According to the 2010 Census, it had a population of 583,776, estimated to have reached 619,360 in 2014, making it the 28th most populous city in the United States.