Clallam Bay MHP

JLL, as the exclusive advisor, is pleased to present the opportunity to acquire Clallam Bay MHP (the "Property"). This well-maintained 3.6-acre manufactured housing community in Clallam, WA, features 13 sites, all with park-owned homes and currently boasts an 85% occupancy rate. Recent capital improvements include new waterlines and water meters for tenant usage billing, enhancing the property's infrastructure. The community's historical stability is evident through its consistently high occupancy and a waiting list of potential residents. Most notably, with the current average lot rent of $730 sitting approximately 15% below the local market rate, the Property offers significant upside potential for rental growth. This combination of stable occupancy, recent upgrades, and growth potential positions the Property as an attractive addition to investors seeking value and returns in the manufactured housing sector.