• Asking Price $1,995,000
  • Estimated Value: $1,354,109

  • 205 S PACIFIC HWY TALENT, OR 97540

  • 1 Bath 370 SqFt
  • Mobile or Manufactured Home / Resale (MLS)
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Property Details for 205 S PACIFIC HWY, TALENT, OR 97540

Features

  • Price/sqft: $5,391
  • Lot Size: 99317
  • Total Units: 25
  • Roof Type: Other
  • Heating: Other
  • Exterior Walls: Metal

Facts

  • Year Built: 01/01/1966
  • Property ID: 878513373
  • MLS Number: 220181356
  • Parcel Number: 10276661
  • Property Type: Mobile or Manufactured Home
  • County: JACKSON
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: Windermere Van Vleet & Associates 1117 E Jackson St, Medford, OR 97504-7028 Medford OR 97504
Copyright © 2024 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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