Mobile Home Park with Expansion
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.
Property SizeContact for details
Days on Market148
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 #01507135
(213) 446-5366
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 2 at 5:11AM
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.
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
Lease Details
76.7%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
