Contacts

Alexander Cheng

Property Details

Property Type Other
Lot Size 4.8 Acre
Additional Rent Contact for pricing
Date Updated Dec 17, 2024

Colliers, as the sole and exclusive agent, is pleased to present the opportunity to acquire Steeves Mobile City – a well-located 55+
manufactured housing community in Milwaukie, Oregon.

This 75-site community spans 4.8 acres and has 34 tenant-owned homes, 34 park-owned homes, and 2 live-in owner units. Of the 34 park-owned homes, only 9 are rented. This presents a unique value-add opportunity for
an incoming investor to improve occupancy and increase rental income while establishing a foothold within one of the most desirable submarkets in the Portland metropolitan area.

Rents are well below market the average of $934 (see rent comparables). Tenants of Steeves Mobile City were recently noticed for a $60 increase effective 2025 bringing average rents at the community to $711 per month including utilities.

Positioned just off Highway 99E, a major arterial route, the property is conveniently located for residents to access both everyday necessities and nearby recreational amenities. Its proximity to the broader
Portland metropolitan area enhances its appeal and demand within the affordable housing market.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

46/100
Walk Score ®
46/100
Transit Score ®
85/100
Bike Score ®

Powered by Walk Score ®

City Milwaukie, OR
Neighborhood Oak Grove
Zip Code 97222
Market Portland

Points of Interest

Willamette Shore Trolley Lake Oswego Station

1.36 miles
Oaks Park

3.53 miles
Oregon City

4.44 miles
Bancroft Street

5.09 miles
Lents Town Center/Southeast Foster Road

5.14 miles
Marquam Hill

5.73 miles
Southeast Holgate Boulevard

5.74 miles
Southeast Water/OMSI

5.90 miles
Southeast Powell Boulevard

6.00 miles
Southeast Martin Luther King & Mill

6.06 miles

Fred Meyer

0.09 miles
Chevron

0.15 miles
Shell

0.30 miles
Astro

1.35 miles
76

1.38 miles
PGE Electric Avenue Milwaukie

1.45 miles
Tesla Destination Charger

1.47 miles
Electrify America

1.56 miles
ChargePoint

3.01 miles
Tesla Supercharger

3.13 miles

SE Park Ave

0.38 miles
Milwaukie

1.97 miles
Christ Church Parish

2.02 miles
Horse Parking

2.31 miles
Lake Oswego United Methodist Church

2.49 miles
Emmanuel United Presbyterian Church

2.58 miles
SE Tacoma/Johnson Creek

2.64 miles
Clackamas Town Center Parking Garage

3.37 miles
Labor and Delivery Parking

3.58 miles
SE Fuller Rd

3.60 miles

Milwaukie Inn

0.19 miles
Your Host Motel

0.25 miles
Desert Inn

0.43 miles
King's Row Inn

0.66 miles
Lakeshore Inn

1.45 miles
Budget Inn

3.12 miles
Courtyard

3.33 miles
Hampton Inn & Suites

3.35 miles
Residence Inn

3.36 miles
Monarch Hotel

3.36 miles

Fred Meyer

0.54 miles
Walmart Neighborhood Market

1.05 miles
Grocery Outlet

1.20 miles
Big Lots

1.29 miles
Whole Foods Market

1.41 miles
New Seasons Market

1.44 miles
Safeway

1.61 miles
Walmart West Linn Market

2.62 miles
Kohl's

2.97 miles
Ross

2.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.