Price: $120,000.00 Additional Pricing Information: Lot for sale Close
35464 S. Ellis road
Molalla, OR 97038
Lot for Sale.
Stay ahead of the game with this pocket-sized Land purchase. During a time when
Affordable housing is in high demand (for tenants, people in transition, and on fixed incomes) This might just be one of the Most astute and fashionable investments left in Clackamas county.
As with all real estate, the key to success is paying attention to the economy, the market, and housing trends and adjusting accordingly. With this lot, you can jump in and acquire hard to find land for less than the market average.
while home prices are climbing to historic levels, incomes for many Oregonians are not rising. The need for affordable housing is only getting stronger.
Unsure about this uncomplicated asset type as a Right Investment? The savvy prefabricated home of 2021 is in high demand and land to place a manufactured home is scarce and expensive.
This residential Subdivision is already a created community with established relationships that have provided affordable housing in Clackamas County for approximately 30+/- years.
The sellers have helped many with their housing needs, if you would like to continue in this legacy, you can also.
With a low tenant turnover, nominal operating expenses (water, sewer, HOA, property taxes, insurance) You will see this is a Smart, Prudent and Affordable investment. The long-term tenant is currently on a month-to-month agreement.
Do you have a prefabricated manufactured home being built and need a place to place the home?
Give the OK to your Realtor to write up a purchase agreement for this lot today.
During your due diligence period, consult with your real estate attorney about providing the tenant notice to vacate the lot. Then, follow your counsels’ directions and find yourself with a large lot to place your new double-wide or triple wide home on.
The community Water and Sewer (as well as Power) is already at the property. There are two parking spaces already established. If you need more, just submit your request to the HOA Architectural Review Committee. Your water and Sewer bill each month is merely $120. (some of this amount includes the HOA fee)
Domestic pets (Cats, Dogs) are ok, no livestock or Chickens.
For more on the rules for the subdivision visit:
HOA:http://affinitygrouporegon.com/html/homeowner_associations_hoas.php (Under the HOA tab) use login: Forest & password: Forest735 Forest Haven Subdivision is a Rural Subdivision. There are No City overlays or city build requirements, just County and HOA.
Shown by appointment only. Only the land is for sale. Price does not include the home.
Tenant of lot owns the home.
Equal Housing Opportunity
FLYER ID: 330340005
All information in this site is deemed reliable but is not guaranteed and is subject to change