$1,995,000

205 S Pacific Highway, Talent, OR 97540, US

Summary

Style: F
Year Built: 0

Moving Quotes

primary photo for 205 S Pacific Highway, Talent, OR 97540, US

Remarks

Rare opportunity to buy an RV park in Talent. The Wagner Creek RV park is located on South Pacific Highway, just a short drive to I5 and just 10 minutes from Ashland. Formerly a mobile home park that was destroyed in the Almeda fire. The infrastructure was re-built so everything is new and the use changed to an RV park. Park currently has 27 spaces and 2 additional apartment rentals in the frame building. Spaces are oversize because they were designed for mobile homes so there is upside potential to add more RV spaces by re-arranging the park lay out. Park has a small coin-op laundry for additional income. Public sewer and water. Individual utilities are billed back to the tenants. Current Cap rate is 5.28% and with a small expansion (5 extra spaces) it could rise to 8.5%. See attached income and expense report and financial measures report.

Details

MLS#: 220181356
Price: $1,995,000

Style: F
Year Built: 0

County: Jackson
Tax Fee: 9591.00

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Broker Contact


Windermere Van Vleet & Assoc2
1117 E Jackson St, Medford, OR 97504-7028
Medford, OR, 97504-7028
US
Pam Lorange
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Southern Oregon MLS
Last updated: 2024-04-27T17:24:24.000-07:00.
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