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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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8460 SE Clatsop St , Happy Valley, OR 97086
$965,000
Est. Payment: $4,852.18/mo
12 Bed
12 Bath
0 Sqft
Status: active | Days on site: 40
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Jim Reiter , 503-913-1943 Columbia Equity Advisors , 503-913-1943. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1985

County

Clackamas

Area

145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Listing ID

787309065

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:12
  • Full Bathrooms:12
Other:Public Water

Exterior Features

Lot:Level
Zoning:R5
Others:Approximately
Sewer:Public Sewer
Parking Features:Off Street,Paved
Principal Interest
$4,852
Taxes
$424

Home Price

$965,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$193,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,852.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,852.18 $423.66 $0.00 $5,275.84
Yearly $58,226.18 $5,083.88 $0.00 $63,310.06
Total $1,746,785.28 $152,516.40 $0.00 $1,899,301.68

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Happy Valley, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T05:14:11.000Z

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