Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Tingley Lake Estates
55+ Manufactured Home Community on Private Lake: 8.05% Cap Rate | $64,352/pad
Listing Contacts
License: WA WA 106415
License: WA 10721
Active
Asking Price: $3,475,000
Address
11800 Tingley Ln, Klamath Falls, OR 97603
Show on MapDate Added
Jan 7, 2025
Days on Market
67 days
Time Since Last Update
5 days
Details
Property TypeMobile Home Park, Multifamily
SubtypeRV Park
Investment TypeStabilized
ClassB
Cap Rate8.10%
Occupancy99%
NOI$287,697
Units54
Pads54
Year Built1980
Year Renovated2020
Buildings2
Stories1
Lot Size (acres)39.09
Broker Co-OpYes
Price/Pad$65,741
Marketing Description
PRICE REDUCED! Tingley Lake Estates is a 55+ Community in the serene setting of Klamath Falls, Oregon. Nestled around a private lake, this meticulously maintained property offers 40 mobile home sites, 14 RV spaces, RV storage, and a workshop on 39.09 acres.
Current Space rents are $520 for Mobile Home Spaces and $540 for RV Sites. Lot rent includes water (well) and sewer (septic) and garbage. Electricity and cable are directly billed to tenants. The 14 RV spaces are currently long term, rented on monthly leases with electricity sub-metered and billed monthly.
Recent upgrades to the septic system and roads ensure a sound infrastructure. With approved plans for additional RV spaces and an on-site manager overseeing operations, Tingley Lake Estates is poised for success. Seize the chance to own this income-generating gem at 11800 Tingley Lane, Klamath Falls, OR 97603.
Investment Highlights
-
Site Features Private Tingley Lake, wonderful amenity for tenants
-
8% Cap Rate & $64k Per Space
-
Upside in renting out RV Storage & approved permitting for 15 additional RV Sites
-
New 19,000 sq ft amazon facility in Klamath Falls & $162 Million infrastructure passed to restore Klamath's' ecosystem & local economies
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$287,697.00
$23,974.75/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
8.28%
Cap Rate
8.28%
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
- License: WA WA 106415
- License: WA 10721
Similar Properties for Sale
$1,500,000
Merrill Mobile Manor
Multifamily • 6.50% CAP • 33 Units
425 W Front St Merrill, OR 97633
$1,550,000
Blue Heron RV Park
Blue Heron RV Park • 28 Pads
7630 Copco Rd Hornbrook, CA 96044
$1,050,000
Three Oaks Mobile Home Park
Amazing Investment Opportunity-Three Oaks Mobile Home Park and Cottages- Seller Financing Available!
6801 Rogue River Hwy Grants Pass, OR 97527
$575,000
Butte Creek Mobile Home and RV Park
Multifamily • 30 Units
107 County Road 89 Adin, CA 96006
$1,999,999
Tavis, Front, & 3rd - Rental Investment Property
16 Unit Rental Investment Property • Tavis, Front, & 3rd
212 Tavis Dr Merlin, OR 97532
$2,800,000
Whitehorse RV Village
Business for Sale • 7.56% CAP
7501 Lower River Rd Grants Pass, OR 97526
$1,450,000
121 Fellowship Ln, Glide, Oregon
Riverfront retreat with multiple cabins, dorms, etc. on 15 acres in Oregon.
121 Fellowship Ln Glide, OR 97443
Oregon Life Homes
$250,000
Preble Way Land - Approved Modular Home Park
Entitled Land I Fully Approved 11-Unit MHP • 0.89 acres
51366 Preble Way La Pine, OR 97739
$2,550,000
2nd Reduction - New 15-Unit MHC - 7.33% Cap - La Pine
New 15-Unit MHC • 7.33% Cap I La Pine
52663 Drafter Rd La Pine, OR 97739
$195,000
52764 HWY 97
Mixed-Use Development Land with Hwy 97 Frontage
52764 The Dalles-California Hwy La Pine, OR 97739
$1,150,000
Sunrise Mobile Home Park - Anderson CA
Mobile Home Park • 16 Pads • Current 9.24% CAP
7025 Eastside Rd Anderson, CA 96007
See more properties for sale in Klamath Falls
Broker Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .