$1,995,000
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205 S Pacific Highway Talent, OR 97540
General Commercial
Residence
Beds
Baths
...
Bed/Bath
2
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 c...hanged 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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MLS#
220181356
Property Type
General Commercial
Square Feet
2
sq. ft
Lot Size
2.28
Stories
2.0
Sewer
Public Sewer
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