8460 Se CLATSOP St, Happy Valley, OR 97086

Property 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.

Listing Status:

Active

Date Added:

May 18, 2026

Data Last Updated:

June 13, 2026 at 5:43PM

Listing Office:

Columbia Equity Advisors : 503-913-1943

Listing Agent:

Jim Reiter : 503-913-1943

MLS ID:

787309065

Interior

• Heating: Wall heater

Exterior

• General: Other
• Parking: Off streetPaved

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Clackamas

Lot

• Zoning: R533 PLEASANT LITTLE HOMES LTS 30-3500045178

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.