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7059 Rogue River Highway

Grants Pass, OR 97527
  • $1,049,000
  • STATUS: Active
  • ON SITE: 305 Days
  • MLS #: 220176451
$1,049,000
  • 0
    BEDS
  • 4.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 560
    SQFT
  • $1,873
    $/SQFT
Type:
Commercial
Built:
1990
County:
Area:

School Ratings & Info

Listing provided courtesy of Century 21 Harris and Taylor :.

Description

SELLER IS MOTIVATED ''5 Acre Mobile Park'' is a very clean and well kept family park.. All MFG homes and the two RV's are owned by the tenants and have their own utility meters. This low density, Class 3 Mobile Home Park has 11 rental spaces with County approved expansion up to 16 spaces. DEQ Septic approval on file for the undeveloped portion of land. Located on Rogue River Hwy, 3 minutes from Rogue River,10 from Grants Pass & 25 from Medford. It is right across the road from the Rogue River with a picturesque mountain backdrop. This is a low risk, low maintenance income property with a 6+/- CAP Rate as run based on 2024 YTD averaged & prorated. Could be a high 7 or 8 CAP Rate at current market rents and a 9+% potential CAP Rate after expansion. This well maintained, State Licensed MH Park has an excellent track record. Sold As Is. Buyers to do due diligence. Also for sale is the adjacent 4.88 ac property w 4 rentals and could offer further expansion possibilities. see MLS #22017645

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Bain are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Bain. Data last updated: .2024-12-02T23:43:56.173
www.bendareahomefinder.com/homes/147152421
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7059 Rogue River Highway Grants Pass, OR 97527

  • Price: $1,049,000
  • Status: Active
  • On Site: 305 Days
  • MLS #: 220176451
0
Beds
0
Baths
0
½ Baths
4.86
Acres
560
SQFT
$1,873
$/SQFT
1990
Built
County:
Jackson
Area:
Grants Pass
Property Description
SELLER IS MOTIVATED ''5 Acre Mobile Park'' is a very clean and well kept family park.. All MFG homes and the two RV's are owned by the tenants and have their own utility meters. This low density, Class 3 Mobile Home Park has 11 rental spaces with County approved expansion up to 16 spaces. DEQ Septic approval on file for the undeveloped portion of land. Located on Rogue River Hwy, 3 minutes from Rogue River,10 from Grants Pass & 25 from Medford. It is right across the road from the Rogue River with a picturesque mountain backdrop. This is a low risk, low maintenance income property with a 6+/- CAP Rate as run based on 2024 YTD averaged & prorated. Could be a high 7 or 8 CAP Rate at current market rents and a 9+% potential CAP Rate after expansion. This well maintained, State Licensed MH Park has an excellent track record. Sold As Is. Buyers to do due diligence. Also for sale is the adjacent 4.88 ac property w 4 rentals and could offer further expansion possibilities. see MLS #22017645
Exterior Features

Attached Garage YN Yes Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Slab Lot Features FencedLandscapedLevelNative PlantsPastureSlopedSprinklers In FrontSprinklers In RearWooded Parking Features Alley AccessAsphaltAssignedAttachedAttached CarportDrivewayGatedGravelRV Access/ParkingWorkshop in GarageParking Lot Roof Composition Window Features []

Interior Features

Additional Features Office Space Yes Basement None Cooling None Cooling YN No Flooring Concrete Heating None Heating YN No Interior Features [] Levels One

Property Features

Additional Parcels YN No Building Area Total 560 CCRs YN No Common Walls No Common Walls Flood NA Yes Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 24 Other Structures Kennel/Dog RunRV/Boat StorageShed(s)Storage Owner Pays Common Area MaintenanceInsuranceSewerTaxesWater Road Frontage Type Private AccessOther Road Surface Type Paved Security Features [] Sewer Septic TankStandard Leach Field Special Listing Conditions Standard Tax Annual Amount 2170.48 Tax Year 2023 Tenant Pays ElectricityExterior MaintenanceGasInsuranceInterior MaintenanceRepairsTaxesOther View Mountain(s)Park/GreenbeltRiverTerritorial Water Source PrivateWell Waterfront Features [] Zoning Description RR-2.5

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Century 21 Harris and Taylor :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Bain are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Bain. Data last updated: .2024-12-02T23:43:56.173
 
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Coldwell Banker Bain
70 SW Century Drive
Bend OR, 97702
Listing provided courtesy of Century 21 Harris and Taylor :.