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6801 Rogue River Highway

Grants Pass, OR 97527
  • $1,150,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 220182603
New On Site 6 Days Ago
UPDATED: 121 min ago
$1,150,000
  • 7
    BEDS
  • 3.26
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 7,582
    SQFT
  • $152
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1988
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Coldwell Banker Pro West R.E. :.

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. An impressive $8,760 in monthly rental income, paired with low operational expenses, projects a robust 7% cap rate. With its stable tenant base, scenic location, and strong financials, this is an outstanding opportunity to own a well-maintained, high-yield investment property in a peaceful and picturesque setting that promises both immediate returns and long-term growth potential

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Invest in Bend Real Estate Team 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. Listing courtesy of Invest in Bend Real Estate Team. Data last updated: .2024-05-22T18:45:28.74
www.investinbend.com/homes/150562658
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6801 Rogue River Highway Grants Pass, OR 97527

  • Price: $1,150,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 121 min ago
  • MLS #: 220182603
7
Beds
6
Baths
0
½ Baths
3.26
Acres
7,582
SQFT
$152
$/SQFT
1988
Built
Neighborhood:
N/A
County:
Jackson
Area:
Grants Pass
Elementary School:
Rogue River Elem
Middle School:
Rogue River Middle
High School:
Rogue River Jr/Sr High
Property 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. An impressive $8,760 in monthly rental income, paired with low operational expenses, projects a robust 7% cap rate. With its stable tenant base, scenic location, and strong financials, this is an outstanding opportunity to own a well-maintained, high-yield investment property in a peaceful and picturesque setting that promises both immediate returns and long-term growth potential
Exterior Features

Architectural Style Cottage/BungalowOtherTraditional Construction Materials FrameManufactured House Exterior Features RV DumpRV Hookup Foundation Details Concrete PerimeterPillar/Post/Pier Levels OneTwo Lot Features FencedLandscapedNative PlantsSlopedWater FeatureWooded Parking Details Numberof Carports 6 Parking Features Attached CarportDetached CarportDrivewayGravelRV Access/ParkingShared DrivewayStorage Road Surface Type Gravel Roof Composition View ForestMountain(s)Territorial

Interior Features

Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorWasherWater Heater Basement FullNone Cooling Heat PumpWall/Window Unit(s) Fireplace Features Wood Burning Flooring CarpetLaminate Heating Heat Pump Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Unit1 Square Footage 1850.00 Unit2 Square Footage 1536.00 Unit3 Square Footage 460.00 Unit4 Square Footage 800.00 Window Features Aluminum FramesDouble Pane WindowsVinyl Frames

Property Features

Additional Parcels YN Yes Association YN No CCAnd Rs YN No FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 7.00 Incomeand Expenses Annual Amounts Gross Income 105120.00 Incomeand Expenses Annual Amounts Net Operatin 84106.00 Incomeand Expenses Annual Amounts Operating Ex 24167.00 Incomeand Expenses Annual Amounts Professiona 0.00 Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Septic TankStandard Leach Field Sign On Property YN No Special Listing Conditions Standard Tax Annual Amount 5421.00 Tax Year 2023 Unit1 Monthly Rent 1400.00 Unit1 Status Leased Unit1 Unit Number 6801 Unit2 Monthly Rent 1310.00 Unit2 Status Leased Unit2 Unit Number 6803 Unit3 Monthly Rent 1200.00 Unit3 Status Leased Unit3 Unit Number 6805 Unit4 Monthly Rent 900.00 Unit4 Status Leased Unit4 Unit Number 6807 Unit5or More Unit List Attached Yes Water Source Shared WellWell Zoning RR2.5

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Coldwell Banker Pro West R.E. :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Invest in Bend Real Estate Team 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. Listing courtesy of Invest in Bend Real Estate Team. Data last updated: .2024-05-22T18:45:28.74
 
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Invest in Bend Real Estate Team
642 NW Arizona Ave.
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Listing provided courtesy of Coldwell Banker Pro West R.E. :.