52660 Highway 97, La Pine, OR 97739
1,800 SF Specialty Building Offered at $2,400,000 at a 9.37% Cap Rate in La Pine, OR 97739
For Sale
Active
Asking Price $2,400,000
- Property Type
-
Specialty
- Square Feet
- 1,800 SF
- Price / Square Foot
- $1,333
Listing Contacts
- Property Info
Property Overview
Newberry RV Park, positioned in Central Oregon on HWY 97, presents the opportunity to invest in 47 full-hookup long-term/short-term RV sites with a variety of future potential uses. Located just 30 minutes from Bend, Oregon, La Pine serves as a home base for adventurers exploring Central Oregon's natural splendors. Currently operated primarily as a long-term park, there is upside in raising rents & exploring more short-term stays. The Park is on city sewer & water and has been well maintained. Tenants are billed for electrical use.
Property Details
- Class
- B
- Year Built
- 2004
- Stories
- 1
- Lot Size (sq. ft)
- 94,525 SF
Highlights
- 47 full-hookup sites, 14 pull-through sites, and 33 back-in sites
- 30/50 AMP service
- City sewer and water
- Laundry, restrooms & showers, pet exercise area/dog park
- Wi-Fi
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