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7059 Rogue River Highway, Grants Pass, OR 97527
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$1,049,000
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Home Details for 7059 Rogue River Highway
Price
$1,049,000
Type
Commercial/Industrial
Year Build
1990
Lot Size
4.86
County
Jackson
Basement
None
Tax
$2,170.48
MLS®️ Listing#
220176451
On exitrealty.com
261 days
Property Description
''5 Acre Mobile Park'' A very clean and well kept family park with All Homes & RV's owned by the tenants. This low density Class 3 MH Park has 10 MH & RV spaces w additional rent income. County Policy for this MH Park allows for 50% expansion by approval, and has a DEQ Septic approval on file for 4 to 6 additional spaces. Located on Rogue River Hwy, 3 minutes from Rogue River, 10 from Grants Pass, 25 from Medford and right across the road from the Rogue River with a picturesque mountain backdrop. This is a low risk, low maintenance income property with a 6+/- CAP Rate as run based on an adjusted 2024 YTD Pro Forma P&L. Can be a high 7+ CAP Rate brought up to current market rents and potential 9+ CAP after expansion. This well maintained, State Licensed MH Park has an excellent tenant base and stable income with minimal turnover. No one wants to leave. Also for sale is the adjacent 4.88 ac property w 4 rentals and could offer further expansion possibilities. Buyers to do Due Diligence
- Parking
- Alley Access
- Asphalt
- Assigned
- Attached
- Attached Carport
- Driveway
- Gated
- Gravel
- RV Access/Parking
- Workshop in Garage
- Parking Lot
- Water Features
- Private
- Well
- Cooling Information
- None
- Heating Information
- None
- Basement
- None
Listing Courtesy: Century 21 JC Jones American Dream - AmericanDream@C21jcjones.com
Copyright ©2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than EXIT Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.Last Updated: 2025-04-09 20:45:21
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$1,049,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702