$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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Unique Income MH Park Property with a 6.6 Cap Rate that includes a 3bd/2bth MFG Home set on the back acres & if rented gives a 7.3 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 up to 14 total, 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 RV Park, 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
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 368K

Sqr Feet 1,512 Avg 2,081

Cost / Sqr Ft $522 Avg $177

Acres 4.85 Avg 3.42

Visits 13 Avg 16

Days on Site 156 Avg 107

Walkscore® 12 Avg 34

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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