Selling Your Manufactured Home Park?

Resident Ownership Could Be the Answer!

CASA of Oregon (CASA) has the financial resources and expertise to help your residents buy your community when you are ready to sell.  Our experienced staff will help residents determine a fair market price based on current rents and cap rates for the area, in order to make you a competitive offer.  In addition, owners who sell to resident-owned cooperatives may be able to take advantage of an Oregon capital gains tax exemption.

Drawing on over 26 years of housing and facilities development experience, CASA carries out all of the steps necessary to make this a simple and easy process, including:

  • Organizing residents and preparing them to purchase the community cooperatively.
  • Negotiating the terms of the sale on behalf of the cooperative.
  • Conducting the required due diligence.
  • Securing the financing for purchase.

Most importantly, as a non-profit cooperative supported by CASA’s technical expertise, residents will have access to a reliable financing source that is not available to other potential buyers. Benefits include:

  • Preservation of the community!
  • Timely transactions – on routine transactions, we aim to go from start to close in 100-150 days    
  • Expert technical assistance during transaction
  • Access to multiple financing sources such as ROC USA® Capital
  • Market rate transactions
  • Regular communication on park purchase progress

CASA is committed to ensuring a timely and professional transaction and all inquiries will be kept confidential. Our targeted approach is vitally important to our success with sellers and homeowners alike. 

 

To learn more, please contact Teri Smith at 503.537.0319 ext. 316 or by email at tsmith@casaoforegon.org

 

 

Nine Communities Converted to Resident Ownership since 2008