Bigfoot Acres is a fully stabilized prime investment opportunity in the serene Applegate Valley, near the Applegate River and a short drive to the lake. Spanning 10.19 acres, the park includes 23 units: 13 mobile homes, 5 RV spaces, and 5 stick-built homes — all units are parked owned (except RV's) and separately metered. The property is well-maintained with an on-site manager, many long-term tenants, and a number of recent upgrades, including interior remodels on most units, re-graveled road (within last 3 years), updated well houses and systems, 6 septic systems, 2 wells, and a 5,000 gallon holding tank. Features include: a large shop with conversion potential, community playground/basketball area, on-site laundry, and potential expansion of 10 mobile sites or 20 RV spaces! (buyer to verify). Strong financials with a net operating income of $188,646 and a 10 percent cap rate make this a rare opportunity in one of Southern Oregon's most scenic valleys.
Please call listing agent for more details. Do not disturb tenants. 24 hr notice, appointment only. No entry to units without an offer in place. Please see the documents section for an income and expense breakdown, current rent roll and full unit list with details and improvements, as well as additional well and septic info. Buyer to conduct their own due diligence with respect to intended uses including expansion potential.