$789,900
MLS #: 2983735

Description of 7059 Rogue River Highway, Grants Pass, OR 97527

Mobile Home Park with a Proforma 9.1 Cap Rate that includes a 3bd/2bth MFG Home set on the back acres. With possible expansion and income increase could achieve a 12+ CpRte. This low density Mobile Home Park with desirable living conditions and ample open space has an almost zero ongoing vacancy rate with most tenants of 20+ years. Located near the City of Rogue River on Rogue River Highway, 7 miles from Grants Pass & 30 miles from Medford. This rural 4.85 acre parcel is set across the road from the world famous Rogue River with a picturesque mountain backdrop. It has 8 MFG home spaces w possible 4 more spaces, 2 RV Spaces with hookups, 6+ RV/boat/vehicle storage spaces, 24x24 shop, office & storage sheds. This licensed mfg home park with it's updated State regulated well & septic systems is well maintained with all records on file. This is a low maintenance income property and all mfg homes are owned by the tenants and have their own utility meters. Sold as is buyers do due diligence

Property Features of 7059 Rogue River Highway, Grants Pass, OR 97527

TYPE
Commercial
Year Built
1990
Community
Rogue River S.
Acres
4.85
Features
Forced air heat
Space heater(s)
Block exterior
Wood exterior
Frame exterior
Lot acreage is: 4.85
Lot zoned: RR2.5
Rolled roof
Composition roof
Septic system
Natural gas
Units in building(s): 10
Total square feet: 1512.00
Courtesy of: Century 21 Harris and Taylor

Homes for Sale Nearby 7059 Rogue River Highway, Grants Pass, OR 97527

Recent Sales Nearby 7059 Rogue River Highway, Grants Pass, OR 97527



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