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"Nestled in Hills" Mobile Home Park 6901 Old Stage Rd 25 Unit Mobile Home Park $1,995,000 ($79,800/Unit) Central Point, OR 97502

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INVESTMENT HIGHLIGHTS

  • Quaint Country Setting
  • Nearby golfing, rafting, hiking, and only minutes from Interstate 5.
  • Quite Adult Community Park

EXECUTIVE SUMMARY

Inside the I-5 corridor, Nestled in Hills is a 25 space, 55-plus mobile home park that's situated in one of the more beautiful sections of the Rogue Valley. All homes are tenant owned, with individual 2-car carports with storage, mature fenced landscaping, an irrigation pond, all placed on 9.23 beautiful acres. Recently re-sealed streets, re-roofing and regular park maintenance have been done. Park provides water and sewer and individual electric meters. Just minutes from I-5 and 15 minutes from major medical centers, Costco and area shopping centers. Nearby: The world-famous Rogue River, Gold Hill, Jacksonville, Central Point, Medford and Ashland. Not so far: Crater Lake National Park, Redwood National Park, and the beautiful Oregon and Northern California coastline. Upside income achieved through new tenant adjusted space rents and the potential to pass through water and sewer charges. Owner states the potential to develop an additional home site.
Resident services include on-site water/sewer, and separate electric meters.

PROPERTY FACTS

Price $1,995,000
Price Per Unit $79,800
Sale Type Investment
Sale Conditions
1031 Exchange
  • Business Value Included
No. Units 25
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 9.23 AC
Building Size 402,058 SF
Average Occupancy 100%
No. Stories 1
Year Built 1972
Parking Ratio 0.06/1,000 SF
Zoning Country RR-5
  • Listing ID: 33198740

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 6901 Old Stage Rd, Central Point, OR 97502

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