Remarks

Fully stabilized and 100% occupied, Bigfoot Acres is a prime investment in the serene Applegate Valley, near Applegate River and a short drive to the lake. Spanning 10.19 acres, the park includes 23 units: 13 mobile homes, 5 RV spaces, and 5 stick-built homes -- all separately metered for electricity. The property is well-maintained with a skilled on-site manager, long-term tenants, and many recent upgrades, including remodeled mobile homes, re-graveled roads (within 2.5 years), updated well houses, 6 septic systems, 2 wells, and holding tank. Features include: a large shop with conversion potential, community playground/basketball area, on-site laundry, and potential expansion of 10 mobile sites or 20 RV spaces! (buyer to verify). Strong financials with a net operating income of $239,628 and an 8.7% cap rate make this a rare opportunity in one of Southern Oregon's most scenic valleys.

Details

MLS#: 220199943
Price: $1,900,000

Style: F
Year Built: 1962

County: Jackson
Tax Fee: 10422.06