6901 Old Stage Rd - Manufactured Housing/Mobile Housing FOR SALE


Central Point, OR 97502
$1,995,000 USD
541-621-3059
6901 Old Stage Rd, Central Point, OR for Sale
$1,995,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/13
null | Request Cap Rate

6901 Old Stage Rd
Central Point, OR 97502


HIGHLIGHTS

  • Quaint Country Setting
  • Quite Adult Community Park
  • Nearby golfing, rafting, hiking, and only minutes from Interstate 5.

OVERVIEW

Located inside the I-5 corridor, Nestled in Hills is a 25 space, 55-plus mobile home park that's situated in one of the more beautiful sections of the Rogue Valley. All homes are tenant owned, with individual 2-car carports with storage, mature fenced landscaping, an irrigation pond, all placed on 9.23 beautiful acres. Recently re-sealed streets, re-roofing and regular park maintenance have been done. Park provides water and sewer and individual electric meters. Just minutes from I-5 and 15 minutes from major medical centers, Costco and area shopping centers. Nearby: The world-famous Rogue River, Gold Hill, Jacksonville, Central Point, Medford and Ashland. Not so far: Crater Lake National Park, Redwood National Park, and the beautiful Oregon and Northern California coastline. Upside income achieved through new tenant adjusted space rents and the potential to pass through water and sewer charges. Owner states the potential to develop an additional home site. Resident services include on-site water/sewer, and separate electric meters.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$5 USD /SF

# OF UNITS

25

PRICE/UNIT

$79,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

"Nestled in Hills" Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

25

LAND DETAILS

LAND ACRES

9.23 AC

LAND SF

402,059 SF

ZONING

Country RR-5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gary StampsWindermere/Van Vleet & AssociatesMore Info
541-621-3059

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Gary StampsWindermere/Van Vleet & AssociatesMore Info
541-621-3059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.