8460 SE CLATSOP ST, Happy Valley, OR 97086
- $975,000
8460 SE CLATSOP ST, Happy Valley, OR 97086
- $975,000
Overview
- 1985
- MultiFamily
- 787309065
- 0.35 Acres
- Columbia Equity Advisors
- Jim Reiter
Description
Priced under $1M in the high-barrier Portland metro market, this stabilized 12-space mobile home park delivers immediate cash flow on city water and city sewer, with significant value-add upside through infilling remaining vacancies with high-demand tiny homes or RVs. Strategically situated in Clackamas County, the asset circumvents strict Multnomah County rent regulations while maintaining a highly desirable, close-in location. Furthermore, its under-30-space exemption unlocks a massive regulatory advantage, legally permitting a 9.5% rent increase in 2026 – significantly outperforming the 6% cap imposed on larger parks. Operational overhead is exceptionally low with 100% tenant-paid utilities and a brand-new electrical infrastructure completed in 2025. This turnkey investment is further enhanced by flexible seller financing available at 50% down.
Details
Updated on May 26, 2026 at 3:24 pm-
MLS# 787309065
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Price $975,000
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Land Area 0.35 Acres
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Garage Size x x
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Year Built 1985
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Property Type MultiFamily
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Property Status Active
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Office Name Columbia Equity Advisors
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Agent Name Jim Reiter
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Office Phone 503-913-1943
Additional details
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Listing Terms Call Listing Agent, Cash, Contract, Conventional, Owner Will Carry
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Sewer Public Sewer
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Heating Wall Heater
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County Clackamas
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Property Type MultiFamily
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Parking Off Street, Paved
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Elementary School Lewelling
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Middle School Rowe
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High School Milwaukie
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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