About 7059 Rogue River Highway
''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, +1 shop, storage parking and 1 shed rented. County Policy allows 50% expansion and DEQ Septic approval is 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. see MLS #22017645. Buyers to do Due Diligence
Features of 7059 Rogue River Highway
| MLS® # | 220176451 |
|---|---|
| Price | $1,049,000 |
| Square Footage | 560 |
| Square Footage | 560.00 |
| Acres | 4.86 |
| Year Built | 1990 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 7059 Rogue River Highway |
|---|---|
| City | Grants Pass |
| County | Jackson |
| State | OR |
| Zip Code | 97527 |
Amenities
| Parking Spaces | 24 |
|---|---|
| Parking | Alley Access, Asphalt, Assigned, Attached, Attached Carport, Driveway, Gated, Gravel, Parking Lot, RV Access/Parking, Workshop in Garage |
| Garages | 4337 |
| View | Mountain(s), Park/Greenbelt, River, Territorial |
| Is Waterfront | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Stories | One |
| Has Basement | No |
| Basement | None |
Exterior
| Lot Description | 1800 |
|---|---|
| Roof | Composition |
| Construction | Frame |
| Foundation | Slab |
Additional Information
| Date Listed | January 31st, 2024 |
|---|---|
| Days on Market | 316 |
| Zoning | RR-2.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Century 21 Harris and Taylor |
|---|