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5648 Foothill Blvd - Rogue River Mobile Estates
57.6 Acres of Commercial Land Offered at £3,367,404 in Grants Pass, OR 97526
Investment Highlights
- Upscale 55+ Community, beautifully landscaped right along Rogue River
- Sale includes 1 Park Owned Mobile (Valued at $250k)
- 40 Mobile Home Sites plus Studio Apt, Shop & Additional Workshop
- Upside Includes: Under Market Rents, Potential Expansion & RV Storage
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts Under Contract
| Price | £3,367,404 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Manufactured Homes or Mobile Home Park |
| No. Lots | 1 | Total Lot Size | 57.60 AC |
| Property Type | Land |
| Price | £3,367,404 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Manufactured Homes or Mobile Home Park |
| Total Lot Size | 57.60 AC |
1 Lot Available
Lot 41
| Price | £3,367,404 | Lot Size | 57.60 AC |
| Price Per AC | £58,462 |
| Price | £3,367,404 |
| Price Per AC | £58,462 |
| Lot Size | 57.60 AC |
Rogue River Mobile Estates is an upscale 55+ Community located in picturesque setting of Grants Pass, Oregon (Right off HWY I-5). Property consists of 40 mobile homes sites, Studio Apt, Shop & Additional Workshop on landscaped 57.6 Acres.
Description
Rogue River Mobile Estates is an upscale 55+ Community located in picturesque setting of Grants Pass, Oregon (Right off HWY I-5). Property consists of 40 mobile homes sites, Studio Apt, Shop & Additional Workshop on landscaped 57.6 Acres. Upside includes raising rents, potential expansion and utilizing the secured RV Storage area. Current Space rents are $545, which are under-market compared to surrounding inferior parks in the $700-$865 range. Lot rent includes water (well), sewer (septic) and Garbage (Electric/Cable is directly billed to tenants). Property is serviced by two wells; one for Park water use and the other for irrigation (potable). The septic system consists of Two 1,000 gallon holding tanks and 2 septic systems (located near secured RV Storage Area).
Presented by
Northwest Park Brokerage
5648 Foothill Blvd - Rogue River Mobile Estates
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