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6191 Highway 20 - RV Resort near Foster Lake, OR 6.05 Acres of Commercial Land Offered at $3,300,000 in Foster, OR 97345



EXECUTIVE SUMMARY
JLL, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest the RV Resort near Foster Lake, OR (the “Property”), a well-established 66-site RV resort situated on 6.05 acres in the scenic Cascade Mountain foothills of Oregon. Built in 1996 as a former KOA, this turnkey operation features upgraded city utilities and diverse lodging options including 4 bunkhouse cabins, 2 studios, 2 condos, and a 1-bedroom, 2-bath residence that can serve as manager’s quarters or an additional rental unit. The condos offer flexibility for use as short-term or long-term rentals, enhancing income diversification and operational versatility. The Property maintains strong operational performance with 100% rent collection through COVID, a loyal repeat clientele base, and comprehensive infrastructure including city water/sewer utilities.
This Property presents value-add opportunities through digital modernization and amenity activation that could substantially increase revenue and occupancy. Currently operating with phone-only reservations and a limited online booking presence, implementation of modern booking platforms and comprehensive digital marketing could capture lost transient demand and optimize pricing strategies. Additionally, the underutilized 1,700-square-foot clubhouse with full kitchen facilities presents immediate revenue enhancement opportunities for event rentals, corporate retreats, and community programming, potentially generating $15,000–$25,000+ in additional annual income.
This opportunity offers investors an established, cash-flowing asset with meaningful upside potential through strategic operational improvements.
This Property presents value-add opportunities through digital modernization and amenity activation that could substantially increase revenue and occupancy. Currently operating with phone-only reservations and a limited online booking presence, implementation of modern booking platforms and comprehensive digital marketing could capture lost transient demand and optimize pricing strategies. Additionally, the underutilized 1,700-square-foot clubhouse with full kitchen facilities presents immediate revenue enhancement opportunities for event rentals, corporate retreats, and community programming, potentially generating $15,000–$25,000+ in additional annual income.
This opportunity offers investors an established, cash-flowing asset with meaningful upside potential through strategic operational improvements.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| 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 | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $3,300,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 6.05 AC |
| Zoning | RV Resort/ Recreational | ||
| Price | $3,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6.05 AC |
| Zoning | RV Resort/ Recreational |
1 LOT AVAILABLE
Lot
| Price | $3,300,000 | Lot Size | 6.05 AC |
| Price Per AC | $545,454.55 |
| Price | $3,300,000 |
| Price Per AC | $545,454.55 |
| Lot Size | 6.05 AC |
Take a Virtual Tour HERE! https://vimeo.com/1136228043?fl=tl&fe=ec
DESCRIPTION
Significant digital revenue optimization opportunity Untapped amenity revenue streams Cost-effective travel serving diverse demographics Established operations with strong guest loyalty Strategic location in high-demand recreation market Expansion-ready development potential
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6191 Highway 20 - RV Resort near Foster Lake, OR
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