Center View Estates: 22 Site Mobile Home Park, 100% Occupied

Center View Estates is a unique age-restricted (55+) planned unit development located in Salem, Oregon. Developed in 1996 the community is comprised of 22 multi-section manufactured homes
on their own individually parceled lots and addresses. This sale represents 21 of 22 sites with a right of first offer on the last remaining privately-owned lot.

The community is 100% occupied and comprised entirely of tenant-owned homes with lot rents ranging from $825 to $1,045, averaging approximately $872 per month. This is a few hundred
below comparable communities in the area. This presents a large opportunity to an incoming owner to mark-to-market upon turnover. The community is serviced by municipal water and sewer that
is serviced by a private utility company included with the sale, Clearwater Source, LLC. Current ownership previously applied for and implemented an 89% utility base rate increase seven years ago with continues to generate a net margin of just over $1,000 per month.

Center View offers a well-maintained setting with paved interior roadways, generous site layouts, and ample off-street parking with sidewalks. Ideally situated in Salem, the property provides residents with convenient access to nearby retail, medical services, and recreational amenities. The location benefits from strong connectivity to major employment drivers and regional transportation corridors, offering a balanced lifestyle that supports long-term resident retention and sustained demand.