Olga Dor Court

JLL, as the exclusive advisor, is pleased to offer the opportunity to acquire Olga Dor Court (the “Property”), a 100% occupied senior (55+) community located in Tacoma, Washington. The offering consists of 48 manufactured housing pads and 1 single family residence. On-site average rents are currently $675 per month with a planned $100 increase in July. Rent includes water service with sewer, electricity and trash collection billed back to residents. The Property is conveniently situated alongside Highway 7, connecting the Property to Downtown Tacoma and the greater Seattle metropolitan area. 

The demand for manufactured housing and RV parks continues to strengthen, as the availability of new supply remains limited due to challenges in obtaining the proper zoning and necessary entitlements. This asset class has demonstrated strong occupancy stability and rent growth. The compelling narrative of favorable investor returns and the growing need for affordable living options has continued to increase, positioning the asset class to be sought after by both private and institutional investors alike.