• Village Estates Mobile Home Park - 3246 Salem Ave SE, Albany, OR 97321

This property isn't on the market right now.

Property Details

Village Estates is a 2.5 star, all age community on public utilities located within a qualified opportunity zone in Albany off Interstate 5. The city has experienced strong growth due to its unique location between two of the state’s largest metropolitan areas, Salem/Keizer and Eugene/Springfield.


The asset is 87% occupied with five vacancies currently being renovated for new tenants. Comparable communities in the area are 95% occupied or greater. Average rents are $350 which is nearly $200 below market. Existing housing stock is comprised of single wide homes, RVs, two studio cabins, and a three bedroom home.



Oregon rent control (SB 608) was passed earlier this year and allows for maximum increases of 7% plus inflation. In 2019, the maximum increase allowed is 10.3%.

Parcel # / Tax Parcel: 11S03W04-BC-03400
Average Site Rent: $350 (Includes water, sewer garbage)
Community Type: All ages
Number of Sites: 36
Roads: Asphalt & Gravel
Floodplain: None
County: Linn

  • Property Type
    Office
  • Submarket
  • Year Built
    1950
  • Total Acres
    2.82
  • Property ID
    2118842

Landlord's Leasing Representative

  • Alexander Cheng
    Colliers | Portland