11425 Upper Applegate Road, Jacksonville, OR 97530
sale
$1,900,000
|
Other
Courtesy Of Coldwell Banker Pro West R.E
Bigfoot Acres is a fully stabilized prime investment opportunity in the serene Applegate Valley, near the Applegate River and a short drive to the lake. Spanning 10.19 acres, the park includes 23 units: 13 mobile homes, 5 RV spaces, and 5 stick-built homes -- all units are parked owned (except RV's) and separately metered. The property is well-maintained with an on-site manager, many long-term tenants, and a number of recent upgrades, including interior remodels on most units, re-graveled road (within last 3 years), updated well houses and systems, 6 septic systems, 2 wells, and a 4,000 gallon holding tank. Features include: a large shop with conversion potential, community playground/basketball area, on-site laundry, and potential expansion of 10 mobile sites or 20 RV spaces! (buyer to verify). Strong financials with a net operating income of $188,646 and a 10 percent cap rate make this a rare opportunity in one of Southern Oregon's most scenic valleys.
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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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