11425 Upper Applegate Road, Jacksonville, OR 97530
sale
$1,725,000
|
Other
Courtesy Of Coldwell Banker Pro West R.E
Bigfoot Acres is a stabilized mobile home and RV park investment in the scenic Applegate. The 10.19-acre property includes 23 total units: 13 park-owned manufactured homes, 5 stick-built homes, and 5 RV spaces, all separately metered (except RVs). The park is well maintained with on-site management and ongoing capital improvements completed over time. Recent tenant turnover has allowed in-place rents to reflect current market conditions. Infrastructure includes 6 septic systems, 2 wells, and a 5,000-gallon holding tank, with key well system components upgraded in recent years. The property also includes a large shop and future expansion potential for additional MH or RV sites (buyer to verify). Strong financial performance with documented NOI of approximately $198,000 (2024) and $220,000 (2025). Based on current rents, a 2026 pro forma indicates an estimated NOI of approximately $229,000, representing a ~13% cap rate at the $1,725,000 asking price.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Frame
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Carpet
- Floors: 1
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Heating System: Wood (Heating)
- Heating System: Hot Water (Heating)
- Heating System: Wall Furnace
- MLSID: 220199943
- Parking Spaces: 23
- Roof Type: Composition
- Roof Type: Metal
- View Type: Territorial
- View Type: Mountain
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