Investor Purchases Vancouver Mobile Home Park for $30M
The 213-site Vista Del Rio property has been acquired, marking a shift for residents and the local housing market.
Updated on Oct. 21, 2026 in Commercial
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Desimone Enterprises has acquired the Vista Del Rio mobile home park in Vancouver for $30 million. The 34-acre community, located at 17401 S.E. 39th St., features 213 individual sites along with amenities such as a swimming pool and clubhouse.
Why it matters
The sale highlights the growing investor appetite for mobile home communities as a source of lower-cost housing in the region. Amid tight housing supply and shifting demographic trends, these properties are increasingly valued for their potential to provide stable, more affordable residential options.
Desimone Enterprises completed the $30 million purchase of the 34-acre property, which was originally developed in 1978. The site currently includes 213 residential units, located about 10 miles east of Vancouver's waterfront district.
The players
Desimone Enterprises
A real estate investment firm based in King County that focuses on acquiring established residential communities.
Vista Del Rio Corp.
The former owner and seller of the 213-site Vancouver mobile home park.
Colliers
A global commercial real estate services firm that facilitated the transaction as the broker for both parties.
The details
The transaction was brokered by Colliers, which represented both the seller, Vista Del Rio Corp., and the buyer. The community includes communal infrastructure such as walking trails, a community garden, and dedicated storage areas for boats and RVs. Investors are increasingly targeting these assets due to their role in the lower-cost housing market, which remains in high demand across the region.
Timeline
1978: Vista Del Rio was originally developed.
October 2026: Desimone Enterprises completed the property acquisition.
The Home Front
This acquisition mirrors the national trend of institutional investors increasingly consolidating manufactured housing communities to address demand for lower-cost living. Such sales often precede changes in community management or property maintenance policies that impact long-term residents.
Residents should review their existing lease agreements and note any upcoming communications from the new management regarding property rules or maintenance schedules. Owners of boats or RVs stored on-site should ensure their current storage contracts remain valid under the new ownership terms.
The takeaway
The transition to a new owner signals a change in the management and potential future development of the residential park. Residents should maintain copies of all signed lease documentation and verify that their property storage agreements are recognized by the incoming management team.
Further reading
For more on the changing landscape of local property ownership, visit the Commercial section.
Source note: This article includes information reported by Daily Journal of Commerce.
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