7059 Rogue River Highway
Grants Pass, Oregon 97527, United States

Grants Pass, Oregon 97527, United States
Listed By CENTURY 21 Harris & Taylor

The Commercial for Sale located at 7059 Rogue River Highway Grants Pass Oregon 97527 is currently for Sale, 7059 Rogue River Highway Grants Pass Oregon 97527 is listed for $1,100,000. If the property located at 7059 Rogue River Highway Grants Pass Oregon 97527 isn't what you're looking for, search Oregon Real Estate to see other Commercial for Sale in Grants Pass .

MLS#: 220176451

$1,100,000 USD

The details

Property features

Date Updated: Jun 17, 2024

Description

A Class 3, 11 space Mobile Home Park with County approved expansion up to 15 spaces. DEQ Septic approval on file for the undeveloped portion of land. Currently leased are 8 MH & 2 RV Spaces & 1 fenced in lot w Garage/Shop. Located on Rogue River Hwy just 3 minutes from City of Rogue River, 10 from Grants Pass & 25 from Medford. It is right across the road from the world famous Rogue River with a picturesque mountain backdrop. As an investment this is a low risk & low maintenance income property with a 9% potential CAP Rate after expansion. This is a well maintained licensed MH Park with State regulated well & septic systems. All MFG homes and RV's are owned by the tenants and have their own utility meters. A profit can be made on selling the new homes. Sold As Is. Buyers to do due diligence. Some spaces with 25+ yr tenants are not at maximum rents. As currently operated CAP is 5+ Purchase adjacent 4.88 acre property w 4 rentals for further possibilities. see MLS #220176450 #R-7203

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7059 Rogue River Highway, Grants Pass, Oregon 97527, United States
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