RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 7.3%
- Listing ID: 1996126
- Posted On: Jan 17, 2023
- Updated On: Apr 24, 2023
Description
The 12th Street Mobile Home Park is an established all age community comprised of mobile homes, RV’s, a single family home and stick built apartment units. Situated on 2.07 acres, 12th Street Mobile Home Park has a central location in Medford, Oregon adjacent to Bear Creek and the Bear Creek Greenway
Trail.
An investor will experience high occupancy along with a history of proven income. The demand for affordable housing has never
been higher and parks like 12th Street Mobile Home Park are flourishing with steady rising rents.
Location
Medford, Oregon
-Located in Jackson County - Population 220,000+
-Fourth Largest Metro area in the state of Oregon
Amenities
- Laundromat
Interested in purchasing this RV park? Get pre-qualified for a loan.
Financial Information (Pro Forma)
| Gross Income: | $294,312 |
| Operating Expense: | $75,305 |
| Net Operating Income: | $219,007 |
| Expense Ratio: | 25.6 % |
Utility Information
| Water: | City |
| Sewer: | City |
