740 Bybee Dr
Jacksonville, OR 97530
Covered Wagon Trailer Camp · Multifamily Property For Sale
·
5,883 SF
Investment Highlights
- Average tenant has been in place for over three years.
- Pro Forma shows anticipated cap rate in excess of 6% within 4 years of new ownership.
- Leases range from $435 to $450 per month; no rent increases since 2020.
Property Facts
Amenities
Site Amenities
- Laundry Facilities
About 740 BYBEE DR , JACKSONVILLE, OR 97530
First time on market in over 30 years! Covered Wagon Trailer Camp currently features 24 leasable spaces with great rental history and very low turnover. Average tenant has been in place for over three years; leases range from $435 to $450 per month with no rent increases since 2020. Pro Forma income and operating expenses show anticipated cap rate in excess of 6% within 4 years of new ownership. Separate electrical and public sewer hookups, shared laundry and bathroom facilities with showers, two wells for domestic water. Property is 2.63 acres zoned Planned Unit Development (PUD) inside Jacksonville city limits. Inquire with agents for access to financials and due diligence regarding development potential along with details of offer submission deadline — Seller is currently in receipt of one or more competing offer(s).
