7059 Rogue River Hwy
Grants Pass, OR 97527
Mobile Home Park · Multifamily Property For Sale · 516 SF

Manufactured Home Park, Unique Income Property for an investor or your residence with a proforma income that gives a 9.1+ Cap Rate that includes a 3bd/2bth MFG Home set on the back acres.. With the possible 4 space expansion the Cap rate could be 12+. This low density Mobile Home Park with it's desirable living conditions and ample open space has an almost zero ongoing vacancy rate with most tenants of 20+ years. Located near the City of Rogue River on Rogue River Highway, 7 miles from Grants Pass & 30 miles from Medford. This rural 4.85 acre parcel is set across the road from the world famous Rogue River with a picturesque mountain backdrop. It has 8 MFG home spaces w tentative approval for more spaces, 2 RV Spaces with hookups, 6 RV/boat/vehicle storage spaces with room for more, 24' x 24' shop, small office & storage sheds. This licensed mfg home park with it's updated State regulated well & septic systems is well maintained with all records on file. This is a low maintenance income property and all mfg homes are owned by the tenants and have their own utility meters. sold as is buyers do due diligence