8911 Evans Creek Rd, Rogue River, OR 97537

27 Unit Mobile Home Park | $2,285,000 ($84,630/Unit) | 6.28% Cap Rate | Rogue River, OR 97537

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,285,000

Property Type
Multifamily
Square Feet
311,018 SF

Listing Contacts

William Jackson
William Jackson
Verified Profile
Saundra Price
Saundra Price
Verified Profile
  • Property Info

Property Overview

Covered Bridge Mobile Home Park is a well-cared for 55+ Senior community located in Rogue River, Oregon (Jackson County). The site features 27 mobile home spaces of which contain 17 doublewides and 10 Singlewides. Community was developed in 1973 and lies on 7.14 acres. The park is services by a private septic system and two wells.
The manufactured home space rents average at $550 effective November 2024, with new tenant rents at $600/month (See Rent Roll for breakdown). Garbage, cable and electricity are billed directly to tenants.

Property Details

Year Built/Renovated
1973/2010
Stories
1
Property Subtype
Manufactured Housing/Mobile Home
Lot Size (sq. ft)
45,302 SF
Units
27

Highlights

  • 27 Mobile Homes Sites (All Tenant Owned)
  • Located just 17 miles northwest of Medford and 5 miles east of Grants Pass
  • Very Low Maintenance Community with On-site Management all in place
  • Tenants are responsible for Garbage, Cable & Electricity (directly billed)

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