Otis OR Real Estate &

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$2,500,000

6029 Salmon River Otis, OR 97368

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Beds:

n/a

Baths:

Sq.Ft.:

n/a

Status:

Active

MLS#:

821410

Type:

Multi-Family

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Contact:

Inquire About This Property, [email protected], 877-559-9633

Courtesy: COPPER ROCK REAL ESTATE 541-791-3333

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ADDITIONAL INFORMATION

Tremendous investment opportunity in this 41 unit RV park with multiple campsites on 7+ acres on the Salmon River. The RV sites are consistently rented with very little vacancy (less than 1% in the last 5 years). 2024 CAP is 7.34. 2025 CAP should be 7.95 There is an onsite laundry and restroom. Less than 15 minutes north of Lincoln City.

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Andrea D. Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Listing data is copyright© 2024 Willamette Valley MLS.

Otis Real Estate

Otis is located in Oregon.

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Otis Real Estate Market Conditions

Median sales price
$355,000
-3276800%
change since last quarter
# Active listings
20
30-day change

Education near Otis, OR

	City	County
High School Graduates	N/A	N/A
College Degree - 2 year	N/A	N/A
College Degree - 4 year	N/A	N/A
Graduate Degree	N/A	N/A
Expenditures per Student	N/A	N/A
Students per Teacher	N/A	N/A

Elementary Schools near Otis, OR

	Grades	Students	P/T Ratio	ZIP
Falls City Elementary School	KG - 08	97	17.6	97344
Nestucca Valley Elementary School	KG - 06	244	20.3	97112
Oceanlake Elementary School	KG - 06	437	21.4	97367
Siletz Valley Schools	KG - 08	134	10.7	97380
Taft Elementary School	KG - 06	488	21.2	97367

	Grades	Students	P/T Ratio	ZIP
Falls City High School	09 - 12	46	11.5	97344
Lincoln City Career Technical High School	09 - 12	52	17.1	97367
Nestucca High School	07 - 12	229	15.3	97112
Siletz Valley Early College Academy	09 - 12	67	11.8	97380
Taft High School	07 - 12	692	26.7	97367

	City	County
Neighborhood Type
Population	N/A	N/A
Population Density	N/A	N/A
Median Age	N/A	N/A
People per Household	N/A	N/A
Median Household Income	N/A	N/A
Average Income per Capita	N/A	N/A