3016 SE Holly Ave - Holly Court Mobile Home Park
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3016 SE Holly Ave - Holly Court Mobile Home Park
10 Unit Apartment Building Offered at $1,500,000 in Milwaukie, OR 97222
Executive Summary
Holly Court Mobile Home Park, located at 3016 SE Holly Avenue, Milwaukie, OR 97222. This park consists of 10 tenant-owned homes, all of which are double-wide units built in the 1990s. The infrastructure is also of 1990s vintage and remains in excellent condition. Each space rents for $1,164 per month, providing exceptionally stable income with no vacancies or delinquencies throughout the current ownership. Situated in Clackamas County, just outside Portland city limits, the property benefits from strong demand for affordable housing without being subject to Portland's city regulations. This is a rare opportunity for an investor seeking long-term passive income with minimal operational requirements in a desirable location.
Property Facts
| Price | $1,500,000 | Property Type | Multifamily |
| Price Per Unit | $150,000 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1992 |
| No. Units | 10 |
| Price | $1,500,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| No. Stories | 1 |
| Year Built | 1992 |
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Very Bikeable (89)
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3016 SE Holly Ave - Holly Court Mobile Home Park
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