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Mobile Home Park with Expansion Potential
For Sale
Contact for pricing
Pending

42880 Lois Loop, Astoria, OR 97103

Mobile home park with 30 lots, 23 occupied pads, city water, and a septic sewer system.

Days on Market110

Property Features for 42880 Lois Loop

General Information

Standard status Pending
Property subtype Mobile Home Park
Occupancy 77%

Additional Details

Utilities to Site Yes
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License #1001185
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 30 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JDS Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

Knappa Village is a mobile home park currently configured with 30 lots and 23 occupied pads. The property is zoned for 40 units, offering the opportunity to expand by developing an additional 10 lots.

The park is served by city water and utilizes a septic sewer system. The owner has replaced septic lines beneath homes each time a new home has been moved in, with approximately 50% of the septic lines replaced to date. Public remarks indicate there is no known deferred maintenance.

Seller financing is available, subject to terms offered by the seller: a $1,650,000 purchase price with a 3–10 year term, interest-only during the term at a 4.25% rate, and a balloon payment at 10 years.

Key Highlights

  • Knappa Village Mobile Home Park in Astoria, OR: 30 lots with 23 occupied pads
  • Zoned for 40 units, offering expansion potential with an additional 10 lots
  • City water service and septic sewer system for the park

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Law Firm Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

76.7%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 97103, OR

18,080
Population
8,007
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
163.3 sq mi
ZIP Area
111
Density / Sq Mi
$75,080
Median Household Income
$41,222
Median Earnings
$1,156
Median Rent
$437,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mobile home park with 30 lots, 23 occupied pads, city water, and a septic sewer system.
Where is this mobile home & rv park located?
The property is located at 42880 Lois Loop Astoria, OR.
What are key features of this property?
This property features: Knappa Village Mobile Home Park in Astoria, OR: 30 lots with 23 occupied pads; Zoned for 40 units, offering expansion potential with an additional 10 lots; City water service and septic sewer system for the park
(213) 446-5366 Call to check price and availability
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