Bigfoot Acres is a stabilized mobile home and RV park investment located in the scenic Applegate Valley, near the Applegate River and a short drive to area lakes and outdoor recreation. The 10.19-acre property includes 23 total units, consisting of 13 park-owned manufactured homes, 5 stick-built homes, and 5 RV spaces, with manufactured and stick-built units separately metered.
The park is operated with on-site management and is currently 100% occupied. Recent tenant turnover has allowed in-place rents to reflect current market conditions, with $25,077 in monthly rent ($300,924 annualized) as of April 2026. Two long-tenured residents carry legacy rents that represent modest mark-to-market upside on future turnover.
Infrastructure includes 6 existing septic systems (all pumped in 2023), 2 wells with all-new pressure tanks and replumbed distribution lines, and a 5,000-gallon holding tank intentionally upsized to support potential expansion. The property also includes a large shop with conversion potential, and Jackson County has held preliminary discussions regarding expansion of up to 10 additional MH pads or 20 RV spaces — unentitled optionality, subject to buyer due diligence and approvals. The property was independently confirmed insurable through the Oregon FAIR Plan during a prior diligence process.
Financial performance has strengthened, with actual NOI of $197,887 in 2024 (a transitional year of elevated turnover) and $219,855 in 2025 (first full stabilized year). At the $1,750,000 offering price, 2025 actual NOI produces a 12.6% cap rate. A fully-loaded institutional pro forma — incorporating 5% management, 3% replacement reserves, and wildfire-zone insurance — produces approximately $206,987 NOI, or a ~11.8% cap rate. The property is back on the market through no fault of the asset; full diligence from the prior contract is available to qualified buyers upon NDA.
Please call listing agent for additional details. Do not disturb tenants. 24-hour notice required; appointment only. No entry to units without an offer in place. Please see the documents section for Income & Expense statements, current rent roll, unit details, and additional well and septic information. Buyer to conduct their own due diligence with respect to intended uses, condition, and expansion potential.