Community Foundation Portfolio_Property for Sale
Community Foundation Portfolio_Property for Sale
Various locations

Community Foundation Portfolio

Portfolio description

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Silver Shores and Colony Mobile Home Park (the "Portfolio"), a combined 18.48-acre manufactured housing portfolio located in Auburn and Vancouver, Washington. The offering consists of two manufactured housing communities with 159 total sites, currently 99% occupied. The Portfolio generates a combined net operating income of $893,307. Both Properties benefit from their strategic locations within growing submarkets, high occupancy rates, mark-to-market opportunities, and stable cash flows, making them attractive investments for potential buyers looking to expand their presence in the manufactured housing sector.

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Attributes

Number of units
159
Occupancy
99%
Land area gross
7.48 ha
NOI
₹75,504,000
Community Foundation Portfolio (2 Properties)
Community Foundation Portfolio (2 Properties)

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Investment Highlights

  • Highly desirable locations
  • Resilient asset class with strong tailwinds
  • Lack of new supply and high barriers to entry
  • Strong market fundamentals
  • Increased demand for attainable housing
Community Foundation Portfolio 4_Property for Sale
Community Foundation Portfolio 4_Property for Sale

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Last updated
15 Feb 2025