$789,900 7059 Rogue River Highway Grants Pass, OR

MLS: 2983735   Type: Commercial   County: Jackson   City: Grants Pass   Area: Rogue River S.   Zip: 97527   Style: Mixed Use  

Mortgage $3,708 /mo



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Income Property Mobile Home Park with a 6.5 Cap Rate that includes a 3bd/2bth MFG Home set on the back acres & if rented gives a 7.5 Cap Rate. This low density Mobile Home Park with it's 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 tentative approval for more spaces, 2 RV Spaces with hookups, 6 RV/boat/vehicle storage spaces, 24' x 24' shop, small 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

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Price History

11/17/2017 Listed $789,900

Additional Features Utilities Sep Meter, Expandable, Office Space, Tanks In Ground, See Remarks
Multi-family Type Mobile Home Park
Number of Units 10
Property Type Commercial Sale
Type Mixed Use
Zoning RR2.5

Exterior Features

Exterior Concrete Block, Wood, See Remarks
Land Type Multi-Fmly 5+ units
Roof Composition, Rolled/Hot Mop
Self Storage Type Vehicle/RV Storage
Sewer Septic In, See Remarks

Property Schools

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Gallery (31 photos)

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Property vs Zip Code Avg (97527)

Price 789K Avg 404K

Sqr Feet 1,512 Avg 1,762

Cost / Sqr Ft $522 Avg $230

Acres 4.85 Avg 3.86

Visits 23 Avg 20

Days on Site 218 Avg 149

Walkscore® 12 Avg 27

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Listing Provided Courtesy Of: Century 21 Harris and Taylor

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Location & Address

eXp Realty Southern Oregon
320 E. Main St. #201
Ashland, OR 97520