636 NE 2nd St
Newport, OR 97365
Eastside RV Park · Multifamily Property For Sale · 10,000 SF

East Side RV Park is a 30 space long term occupancy Park, located in the commercial center of Newport, Oregon. The Park looks like an RV Park with all 5th Wheels, but it allows long term occupants only, and has no weekly or daily residents. The Park operates on a strict set of rules and each tenant has been vetted carefully before admission. This allows the Park to serve what appears to be high demand for conveniently located, affordable housing of this type, in a quiet community environment. The park’s RV status allows more favorable management controls than a Mobile Home Park. Previously the Park had a number of older single wide mobile homes. Over the past several years, the Owner has removed and demolished all of the single wide homes, added an attractive wooden perimeter fence, and substantially rehabbed the Park’s two story building. Upstairs, this building houses the laundry room, two offices, and a garage, and downstairs it has the Men’s and Women’s bathrooms and showers. All work was done with architectural plans, completely new plumbing and electric service and all work was permitted and built to code. The Park is served by City Water and City Sewer, and accepts children. All of Eastside’s residents, own and occupy 5th Wheel homes. A 5th Wheel is a large RV that is towed in the bed of a pickup truck. They usually have a kitchen, bathroom, sleeping and living areas. Current average rents are $465 (range $425-$525). The rent includes electricity and water, sewer and garbage. There have been no rent increases in at least three years, and no resident has voluntarily moved out in the same time period, which seems to substantiate the strength of the demand and desirability of the location. Property Description