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
Verified Profile
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.
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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