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205 S Pacific Highway

Talent, OR 97540
  • $1,995,000
  • STATUS: Active
  • ON SITE: 195 Days
  • MLS #: 220181356
UPDATED: 23 min ago
$1,995,000
  • 0
    BEDS
  • 2.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2
    SQFT
  • $997,500
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Listing provided courtesy of Windermere Van Vleet & Assoc2 :.

Description

Rare opportunity to buy an RV park in Talent. The Wagner Creek RV park is located on South Pacific Highway, just a short drive to I5 and just 10 minutes from Ashland. Formerly a mobile home park that was destroyed in the Almeda fire. The infrastructure was re-built so everything is new and the use changed to an RV park. Park currently has 27 spaces and 2 additional apartment rentals in the frame building. Spaces are oversize because they were designed for mobile homes so there is upside potential to add more RV spaces by re-arranging the park lay out. Park has a small coin-op laundry for additional income. Public sewer and water. Individual utilities are billed back to the tenants. Current Cap rate is 5.28% and with a small expansion (5 extra spaces) it could rise to 8.5%. See attached income and expense report and financial measures report.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Sun Country Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2024-11-09T20:44:04.523
www.cbsun.com/homes/149979731
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205 S Pacific Highway Talent, OR 97540

  • Price: $1,995,000
  • Status: Active
  • On Site: 195 Days
  • Updated: 23 min ago
  • MLS #: 220181356
0
Beds
0
Baths
0
½ Baths
2.28
Acres
2
SQFT
$997,500
$/SQFT
County:
Jackson
Area:
Talent
Property Description
Rare opportunity to buy an RV park in Talent. The Wagner Creek RV park is located on South Pacific Highway, just a short drive to I5 and just 10 minutes from Ashland. Formerly a mobile home park that was destroyed in the Almeda fire. The infrastructure was re-built so everything is new and the use changed to an RV park. Park currently has 27 spaces and 2 additional apartment rentals in the frame building. Spaces are oversize because they were designed for mobile homes so there is upside potential to add more RV spaces by re-arranging the park lay out. Park has a small coin-op laundry for additional income. Public sewer and water. Individual utilities are billed back to the tenants. Current Cap rate is 5.28% and with a small expansion (5 extra spaces) it could rise to 8.5%. See attached income and expense report and financial measures report.
Exterior Features

Attached Garage YN No Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Other Lot Features [] Parking Features AsphaltGravelRV Access/Parking Roof Metal Window Features []

Interior Features

Basement [] Cooling Other Cooling YN Yes Flooring Other Heating Other Heating YN Yes Interior Features [] Levels Two

Property Features

Additional Parcels YN No Building Area Total 2.28 CCRs YN Yes Common Walls No Common Walls Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 29 Other Structures [] Owner Pays [] Road Frontage Type [] Road Surface Type [] Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 9591 Tax Year 2023 Tenant Pays [] View [] Water Source Public Waterfront Features [] Zoning Description CBH

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Windermere Van Vleet & Assoc2 :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Sun Country Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2024-11-09T20:44:04.523
 
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Coldwell Banker Sun Country Realty, Inc.
750 NW 3rd Street
Prineville OR, 97754
Listing provided courtesy of Windermere Van Vleet & Assoc2 :.