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- LoopNet Team
205 S Pacific Hwy
Talent, OR 97540
Specialty Property For Sale
·
1,000 SF
INVESTMENT HIGHLIGHTS
- Located near Ashland which is a prime Tourist destination in Southern Oregon
- Room for some expansion of spaces possible
- Infra structure replaced or restored after 2020 Alemeda fire
PROPERTY FACTS
| Property Type | Specialty | Building Size | 1,000 SF |
| Property Subtype | Trailer/Camper Park | No. Stories | 1 |
| Building Class | C | Year Built | 2021 |
| Lot Size | 2.28 AC | ||
| Zoning | C-3 | ||
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 2.28 AC |
| Building Size | 1,000 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Zoning | C-3 |
ABOUT 205 S PACIFIC HWY , TALENT, OR 97540
Rare opportunity to buy an RV park in Talent. The Wagner Creek RV park is located on South Pacific Highway, just a short drive to I5 and just 10 minutes from Ashland. Formerly a mobile home park that was destroyed in the Almeda fire. The infrastructure was re-built so everything is new and the use changed to an RV park. Park currently has 27 spaces and 2 additional apartment rentals in the frame building. Spaces are oversize because they were designed for mobile homes so there is upside potential to add more RV spaces by re-arranging the park lay out. Park has a small coin-op laundry for additional income. Public sewer and water. Individual utilities are billed back to the tenants. Current Cap rate is 5.28% and with a small expansion (5 extra spaces) it could rise to 8.5%. See attached income and expense report and financial measures report.
PROPERTY TAXES
| Parcel Number | 10276661 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $652,390 |
PROPERTY TAXES
