32323 Modoc Point Rd 7 Acres of Residential Land Offered at $1,600,000 in Chiloquin, OR 97624

*** Update to include a 2134sqft private residence and additional 2 acres for a total of 7 acres***
**For Sale: 3 Active Businesses with a 7.8% Cap Rate**
This is a rare investment opportunity to acquire a well-established, income-generating property portfolio with a solid 7.8% cap rate. The offering includes three active businesses: mobile home rentals, Airbnb cabin rentals, and RV space rentals. The property boasts a 96% occupancy rate on average throughout the year, ensuring consistent cash flow.
The mobile home section features two owned rentals, including a 940 sqft single wide and an 840 sqft single wide. Additionally, there are five mobile home spaces available for tenants who own their homes, providing steady, long-term rental income. The property also includes 4-5 fully furnished Airbnb cabins, offering short-term rental potential and a great opportunity for higher returns.
For RV rentals, the property includes several spaces that are currently rented out, as well as a 96% occupied RV shower house (a square building that serves as a shower facility for RV park guests). Also included is a 60ft dock that can be rented out for extra income, adding further value to this diverse and profitable portfolio.
This property is perfectly suited for an investor looking to capitalize on a well-maintained, highly occupied business with multiple income streams. With its prime location and strong earning potential, this opportunity is not to be missed. For more information or to schedule a viewing, please contact John.