Rare opportunity to buy an RV park in Talent. The Wagner Creek RV park is located on South Pacific Highway, just a short drive to I5 and just 10 minutes from Ashland. Formerly a mobile home park that was destroyed in the Almeda fire. The infrastructure was re-built so everything is new and the use changed to an RV park. Park currently has 27 spaces and 2 additional apartment rentals in the frame building. Spaces are oversize because they were designed for mobile homes so there is upside potential to add more RV spaces by re-arranging the park lay out. Park has a small coin-op laundry for additional income. Public sewer and water. Individual utilities are billed back to the tenants. Current Cap rate is 5.28% and with a small expansion (5 extra spaces) it could rise to 8.5%. See attached income and expense report and financial measures report.
Christopher Pfau
Coldwell Banker Pro West Real Estate
201241465 OR
Office
(541) 773-6868
Mobile
(458) 220-8881
Listing Courtesy of Pro West Real Estate / Coldwell Banker Pro West Real Estate / Christopher Pfau
$1,237,000
Manufactured Housing and Recreational Vehicle Community
Pending
3475 Cherry Ave NE Keizer, OR 97303
Bed
0 Baths
sqft
MLS# NMLNWYCFWHRMN
Sterling Properties Real Estate Services, LLC is pleased to present the exclusive opportunity to acquire Cherry Court, a Manufactured Housing and Recreational Vehicle Community comprised of 14 spaces ideally located in the heart of Keizer, OR. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for tenants.
Cherry Court is an All-Ages Community. The community consists of 14 spaces comprised of: 6 manufactured home spaces and 8 Recreational Vehicle spaces. Community is in an excellent location with proximity to I-5. Located near the junction of Cherry Ave NE and 99E (Dr. MLK Jr Pkwy).5
Christopher Pfau
Coldwell Banker Pro West Real Estate
201241465 OR
Office
(541) 773-6868
Mobile
(458) 220-8881
Listing Courtesy of Pro West Real Estate / Coldwell Banker Pro West Real Estate / Christopher Pfau