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Property profile & analytics
FOR SALE
Mobile home & RV parks
8460 Southeast Clatsop St Happy Valley, OR 97086
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0490053
For Sale
1 / 3
Contact for pricing
8460 Southeast Clatsop St, Happy Valley, OR 97086
View Listing →
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1945
Lot
0.35 ac (15,300 SF)
Zoning code
R5
APN
12E28BB00700
UPID
US71-0490053
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mfm 04 LLC · 1 yrs held
Mfm 04 LLC
since 2024
4 recorded transactions
Zoning & alternative use
R5 · Happy Valley, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This development district will allow single-family (attached and detached) as well as duplexes, triplexes within the City, Sanitary sewer and water are the most essential of urban services, but all Level I services and facilities are necessary and required for development at full density. In this district, there is an average lot size of 5000 square feet
Zone name
Residential 5
General category
RESIDENTIAL
Zone area
377.59 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Happy Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Happy Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,126
Tax year 2023
Assessed value
$254,181
Assessed 2023
Previous assessed
$254,181
+0.0% YoY
Effective rate
2.02%
On assessed value
Land market value
$436,718
Improvement market value
$323,900
Total market value
$760,618
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
For Sale
Year built
1945
Heating
NONE
Lot
0.35 ac (15,300 SF)
Zoning code
R5
APN
12E28BB00700
UPID
US71-0490053
Jurisdiction
CLACKAMAS
Zoning & alternative use
R5 · Happy Valley, ORZoning R5 · permitted uses
R5 · Happy Valley, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This development district will allow single-family (attached and detached) as well as duplexes, triplexes within the City, Sanitary sewer and water are the most essential of urban services, but all Level I services and facilities are necessary and required for development at full density. In this district, there is an average lot size of 5000 square feet
Zone name
Residential 5
General category
RESIDENTIAL
Zone area
377.59 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1945
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Mfm 04 LLC
Entity
Mailing address
8205 SE HARNEY ST UNIT #1, PORTLAND, OR 97266-6577
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
Mfm 04 LLC
Mfm 04 LLC
Intrafamily Transfer
related
$500,000 · Wauna FCU
Dec 21, 2023
$1,400,000
Mfm 03 LLC
Johnson Creek Affordable Housing Ll
Re-recorded Document
related
$900,000 · Western Capital Partners LLC
Feb 22, 2023
—
Knakal Family Limited Partnership 5
Knakal Family Limited Partnership
Intrafamily Transfer
related
—
Dec 7, 2015
—
Knakal Family LP
Knakal,ed JR
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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