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33938210
33938211

703 18th Street, La Grande, OR 97850

KG
OR OR 201239533
Columbia Equity Advisors
Listed by Columbia Equity Advisors
$800,000
4 days on market
Updated 4 days ago

Rocks Trailer Court

Details
Property Type Mobile Home Park
Pads 17
Occupancy 82%
Pro-Forma Cap Rate 9.07%
Pro-Forma NOI $72,540
Acreage 1.000
Zoning General Commercial
Investment Type Stabilized

Stable Cash Flow, Significant Upside

Investment highlights

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.

Listing Contacts

KG
OR OR 201239533
Columbia Equity Advisors
Listed by Columbia Equity Advisors

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Map

Zoning

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GC CommercialGeneral CommercialGeneral Commercial
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View all 57 uses
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Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Keesa Garcia
License
OR 201239533
Brokerage
Columbia Equity Advisors
Brokerage Phone
5033200612
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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