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Three Oaks Mobile Home Park

Amazing Investment Opportunity-Three Oaks Mobile Home Park and Cottages- Seller Financing Available!

Listing Contacts

Active

Asking Price: $1,050,000
Address 

6801 Rogue River Hwy, Grants Pass, OR 97527

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Date Added
Aug 21, 2024
Days on Market
206 days
Time Since Last Update
4 days

Details

Property TypeMobile Home Park
SubtypeMobile Home Park
Investment TypeStabilized
ClassA
Cap Rate7.65%
Occupancy100%
NOI$80,353
Units7
Pads2
Buildings7
Lot Size (acres)3.26
Broker Co-OpYes
Price/Pad$525,000

Marketing Description

Discover the remarkable Three Oaks Mobile Home Park, a unique blend of meticulously maintained stick built and manufactured homes nestled in a serene countryside environment.​ This investment gem features beautifully landscaped grounds and homes that reflect the care and pride of long term tenants, who treat their rentals with an ownership mentality.​ The property consists of four mobile homes, one R.​V.​ pad with hookups, 2 cottages, a two story single family residence, and boasts an impressive $8,710 in monthly rental income, paired with low operational expenses, projects a robust 7.3 percent cap rate.​ Also included in the sale is an adjoining 2.99 acre tax lot, zoned Rural Residential 2.5 which could accommodate an additional residence.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,353.00
$6,696.08/mo

Valuation Metrics

0
DSCR
7.65%
Cap Rate
7.65%
ROI
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Due Diligence

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Listing Contacts


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Broker Information
Broker Name
Christopher Pfau
Broker License
OR 201241465
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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