Otis OR Multi Family for Sale

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$2,500,000

6029 Salmon River Otis, OR 97368

MLS: 821410
Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
821410
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Courtesy: COPPER ROCK REAL ESTATE 541-791-3333

ADDITIONAL INFORMATION

Tremendous investment opportunity in this 41 unit RV park with multiple campsites on 7+ acres on the Salmon River. The RV sites are consistently rented with very little vacancy (less than 1% in the last 5 years). 2024 CAP is 7.34. 2025 CAP should be 7.95 There is an onsite laundry and restroom. Less than 15 minutes north of Lincoln City.

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Listing data is copyright© 2024 Willamette Valley MLS.


Otis Real Estate

The median home value in Otis, OR is $355,000. The national median home value is $338,100. The average price of homes sold in Otis, OR is $355,000. Otis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Otis real estate agent to arrange a tour today!

Otis Weather

Otis Real Estate Market Conditions

  • Median sales price

    $355,000
    -3276800% change since last quarter

  • # Active listings

    20
    30-day change

Otis Schools and Demographics

Education near Otis, OR

Metric City County
High School Graduates N/A N/A
College Degree - 2 year N/A N/A
College Degree - 4 year N/A N/A
Graduate Degree N/A N/A
Expenditures per Student N/A N/A
Students per Teacher N/A N/A

Elementary Schools near Otis, OR

School Grades Students P/T Ratio ZIP
Falls City Elementary School KG - 08 97 17.6 97344
Nestucca Valley Elementary School KG - 06 244 20.3 97112
Oceanlake Elementary School KG - 06 437 21.4 97367
Siletz Valley Schools KG - 08 134 10.7 97380
Taft Elementary School KG - 06 488 21.2 97367

High Schools near Otis, OR

School Grades Students P/T Ratio ZIP
Falls City High School 09 - 12 46 11.5 97344
Lincoln City Career Technical High School 09 - 12 52 17.1 97367
Nestucca High School 07 - 12 229 15.3 97112
Siletz Valley Early College Academy 09 - 12 67 11.8 97380
Taft High School 07 - 12 692 26.7 97367

Demographics near Otis, OR

Metric City County
Neighborhood Type
Population N/A N/A
Population Density N/A N/A
Median Age N/A N/A
People per Household N/A N/A
Median Household Income N/A N/A
Average Income per Capita N/A N/A

Nearby MultiFamily for Sale

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Otis Zip Codes

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