400 Pacific Hwy Creswell, OR 97426
This exceptional investment opportunity presents two well-established mobile home parks located in Creswell and Cottage Grove, Oregon. The portfolio comprises a total of 69 pads, boasting 100% occupancy across both locations. Situated in Lane County, these parks benefit from city utilities, eliminating the complexities and costs associated with private utility management. All homes are resident-owned, simplifying operations and reducing potential liabilities. The strategic proximity of the two parks allows for efficient shared staffing, optimizing operational efficiency and cost-effectiveness. Furthermore, one park enjoys frontage along I-5, providing excellent visibility and accessibility. Currently operating with below-market rents, this portfolio presents a significant opportunity for immediate cash flow and future rental growth within the Eugene metro area. This turnkey asset offers a stable and attractive investment prospect for experienced investors seeking a high-performing mobile home park portfolio in a desirable Oregon location. The Creswell park is located at 400 N Pacific Hwy, 97426, and the Cottage Grove park is at 1011 N 9th St, 97424. This is a rare opportunity to acquire a stabilized, high-occupancy portfolio with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.