
402 S Laurel
402 South Laurel Street, Port Angeles, WA, 98362
12 units
JLL, as exclusive advisor, is pleased to present the opportunity to acquire B&R MHP and Olympic Village MHC (collectively, the “Portfolio”), a two property manufactured housing portfolio located in Port Angeles, Washington. The Portfolio provides investors with immediate exposure to a resilient, needs based housing sector in a supply constrained coastal Washington market characterized by strong affordability dynamics and limited new manufactured housing development.
The Portfolio consists of stabilized, all age manufactured housing communities with a predominantly tenant owned home base, supporting durable cash flow, limited capital expenditure requirements, and long average lengths of resident tenure. Both communities benefit from proximity to regional employment centers, healthcare providers, and essential retail while remaining significantly discounted to alternative housing options, including single family rentals and homeownership.
Combining with historically strong manufactured housing fundamentals and sustained housing undersupply across
the Olympic Peninsula, the Portfolio is well positioned for long term income durability and defensive performance.


