Grants Pass, OR 97527,7059 Rogue River HWY
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Grants Pass, OR 97527,7059 Rogue River HWY
Grants Pass, OR 97527,7059 Rogue River HWY
Grants Pass, OR 97527,7059 Rogue River HWY
Grants Pass, OR 97527,7059 Rogue River HWY
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7059 Rogue River HWY Grants Pass, OR 97527

560 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 560 sqft

Price per Sqft $1,873

MLS Listing ID 220176451

Year Built 1990

Annual Tax Amount $2,170

Lot Size 4.860 Acres

Acres 4.86

Lot Dimensions 4.86

Property Description

''5 Acre Mobile Park'' A very clean and well kept family park with All Homes & RV's owned by the tenants. This low density Class 3 MH Park has 10 MH & RV spaces w additional rent income. County Policy for this MH Park allows for 50% expansion by approval, and has a DEQ Septic approval on file for 4 to 6 additional spaces. Located on Rogue River Hwy, 3 minutes from Rogue River, 10 from Grants Pass, 25 from Medford and right across the road from the Rogue River with a picturesque mountain backdrop. This is a low risk, low maintenance income property with a 6+/- CAP Rate as run based on an adjusted 2024 YTD Pro Forma P&L. Can be a high 7+ CAP Rate brought up to current market rents and potential 9+ CAP after expansion. This well maintained, State Licensed MH Park has an excellent tenant base and stable income with minimal turnover. No one wants to leave. Also for sale is the adjacent 4.88 ac property w 4 rentals and could offer further expansion possibilities. Buyers to do Due Diligence

Location

State OR

County Jackson

Direction From Grants Pass or Rogue River get on Hwy 99 (Rogue River Hwy) to address.

Rooms

Basement None

Interior

Heating None

Cooling None

Exterior

Parking Features Alley Access, Asphalt, Assigned, Attached, Attached Carport, Driveway, Gated, Gravel, RV Access/Parking, Workshop in Garage, Parking Lot

Roof Type Composition

Building

Lot Description Fenced, Landscaped, Level, Native Plants, Pasture, Sloped, Sprinklers In Front, Sprinklers In Rear, Wooded

Entry Level One

Foundation Slab

Water Private, Well

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 10302767

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Oregon Data Share
Listed by Century 21 JC Jones American Dream
agent

Brook Gardner

Principal Broker | License ID: 201210190

+1(541) 848-9797

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7059 Rogue River HWY