5648 Foothill Blvd (Status: Pending) 4250000

5648, Foothill Blvd, Rogue River, OR  97537

Rogue River Mobile Estates is an upscale 55+ Community located in picturesque setting of Grants Pass, Oregon (Right off main highway I-5. The Property consists of 40 mobile homes sites and sits on beautifully landscaped 57.6 acres. Upside includes raising rents, potential expansion and utilizing the secured RV Storage area. Sale includes one park owned mobile that was owner residence, market value on home is over $200,000.Current Space rents are $545, which are under-market compared to surrounding inferior parks in the $700-$865 range. Lot rent includes water (well), sewer (septic) and Garbage (Electric/Cable is directly billed to tenants). On-site Manager resides in her own home and is compensated $2,000/month plus free space rent.Property is serviced by two wells; one for Park water

Listing Details

Asset Class: Multi-Family,Land,Specialty
Year Built:
Building Total Square Feet:
Available Lease Space Square Feet:
Number of Floors: 0
Total Parking Spaces: 0
Local Zoning Information:

Listing Courtesy of: Northwest Park Brokerage

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.