Listing Courtesy of: Gary Luckin - Century 21 Harris and Taylor
541-474-2014
$1,049,000
Calculate Payment
Calculate Payment
7059 Rogue River Highway Grants Pass, OR 97527
General Commercial
Residence
Beds
Baths
560
Sq. Ft.
4.86
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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
Continue reading
MLS#
220176451
Property Type
General Commercial
Year Built
1990
Square Feet
560
sq. ft
Lot Size
4.86
Stories
1.0
Sewer
Holding Tank
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month
Nearby Homes For Sale
Just Listed
And
Homes Available
In