Rice Hill RV Park
100% Occupied 43-Site RV Park | Below-Market Rents | I-5 Corridor
Marketing description
Rice Hill RV Park presents the opportunity to acquire a 100% occupied, 43-site long-term RV community situated on 26.8 acres along the highly traveled Interstate 5 corridor in Oakland, Oregon. The property offers a stable in-place income stream, a waiting list of prospective residents, and a clear path to increased cash flow through below-market rents.
The community features a desirable mix of 25 pull-through and 18 back-in sites, all with 20/30/50-amp electrical service, along with an attractive amenity package including a clubhouse, leasing office, laundry facilities, showers, paved roads, on-site storage, and propane sales. The park is served by private well and septic systems and operates exclusively as a monthly community, providing consistent occupancy and limited tenant turnover.
Current average rents are approximately $585 per month, while comparable communities in the surrounding market are achieving $650–$800 per month, creating an immediate value-add opportunity through measured rent increases. The property benefits from an efficient owner-operated business model with no third-party management, minimal deferred maintenance, and no significant near-term capital expenditures identified.
Located between Eugene and Roseburg, Rice Hill enjoys excellent regional accessibility while offering residents convenient access to shopping, dining, recreation, and major employment centers. With full occupancy, proven operating history, strong market fundamentals, and meaningful upside through revenue optimization, Rice Hill RV Park represents an exceptional opportunity for investors seeking a stabilized RV community with both dependable cash flow and future growth potential.
Investment highlights
100% Occupied 43-Site RV Community – Stabilized long-term RV park with a waiting list, providing immediate and dependable cash flow.
Significant Rent Growth Potential – Average in-place rents of approximately $585/month are below competing properties in the market, which achieve $650–$800/month, creating a clear path for future NOI growth.
Strong Operating Performance – Efficient owner-operated business with low resident turnover, no third-party management, and a streamlined park host model that helps minimize operating expenses.
Well-Maintained Asset – Attractive community featuring paved roads, clubhouse, office, laundry facilities, showers, on-site storage, and propane sales with no significant near-term capital improvements identified.
26.8-Acre Property – Spacious, well-landscaped setting with 43 full-hookup sites, including both pull-through and back-in spaces equipped with 20/30/50-amp service.
Strategic I-5 Location – Excellent visibility and accessibility along Interstate 5 between Eugene and Roseburg, with nearby retail, dining, recreation, and regional employment centers.
Additional Revenue Streams – Income is supplemented through utility billbacks, on-site storage rentals, and propane sales.
Attractive Basis – Offered at $2.60 million ($60,465 per site), with a 7.3% normalized cap rate and projected upside through operational optimization and rent growth.
Seller Financing Available – Seller will consider financing for qualified buyers, offering additional acquisition flexibility.
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