Volland Manor Mobile Home Park
Kennewick, WA
Asking price
$1,850,000
Sites
—
Cap rate
8.10%
Price / site
—
About this property
Description Volland Manor MHP is a stabilized, all-age manufactured housing community perfectly positioned in the high-demand market of Kennewick, WA. This 21-site asset offers an exceptional blend of immediate cash flow and low-risk upside. Investment Highlights • Turnkey Infrastructure: Features city water, city sewer, well-maintained asphalt roads, sidewalks, street lighting, dedicated tenant and guest parking, and secure locking mailboxes. Capital expenditures are minimized with all utilities and roads in excellent condition. • Low-Maintenance Operations: Clean layout with chain-link fenced home sites, dedicated dumpster enclosures, and a mix of single- and double-wide homes that attract long-term tenants. • Immediate Value-Add Potential: While current rental income is robust, immediate upside exists through bringing below-market spaces to market rates upon turnover, and implementing a garbage bill-back program to complement the existing submetered water/sewer system. • Prime Location: Situated in a high-growth area close to major employment hubs, top-tier schools, shopping, and essential everyday services.
All details
| Asking price | $1,850,000 |
|---|---|
| Cap rate | 8.10% |
| Year built | 1970 |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
