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Fir Grove Mobile Court 4170 S Santiam Hwy 36 Unit Mobile Home Park $2,045,000 ($56,806/Unit) 5% Cap Rate Lebanon, OR 97355
INVESTMENT HIGHLIGHTS
- Less than thirty minutes away from Corvallis, and Oregon State University.
- Well water and large on-site septic system.
- Ideally located on Highway 20 and less than a 15 minute drive to I-5.
EXECUTIVE SUMMARY
Sterling Properties Real Estate Services, LLC is pleased to present the exclusive opportunity to acquire Fir Grove Mobile Court, a Manufactured Housing and Recreational Vehicle Community comprised of 36 spaces ideally located near the heart of Lebanon, OR. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for long-term tenants.
PROPERTY FACTS
| Price | $2,045,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $56,806 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5% | Building Size | 435,600 SF |
| Sale Condition | Business Value Included | Average Occupancy | 78% |
| No. Units | 36 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Price | $2,045,000 |
| Price Per Unit | $56,806 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Sale Condition | Business Value Included |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | 435,600 SF |
| Average Occupancy | 78% |
| No. Stories | 1 |
| Year Built | 1970 |
ABOUT 4170 S SANTIAM HWY , LEBANON, OR 97355
Fir Grove's location is ideal for commuters and work-from-home residents. Lebanon is within an hour drive of Salem, OR. Less than thirty minutes away from Corvallis, and Oregon State University. Ideally located on Highway 20 and less than a 15 minute drive to I-5.
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Fir Grove Mobile Court | 4170 S Santiam Hwy
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