Bought with Pacific Properties
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42764 Port Orford Loop Port Orford, OR 97465
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Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Mobile Park
Listing Status Sold
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $288
MLS Listing ID 19322396
Sold Date 07/28/20
Year Built 1990
Annual Tax Amount $729
Tax Year 2018
Lot Size 6.620 Acres
Property Sub-Type Mobile Park
Property Description
Silver Springs RV park is up for sale! 34 sites spread across 6.5 beautifully landscaped acres with extra large sites create a park like setting. 48X36 shop with apartment, shower house, and laundry. 5 owned units including 2 cabins,3 mobiles included. 2 wells, 7 septic systems allows for expansion of 10 more sites. This well oiled machine runs itself with onsite manager and handyman, 8% Cap Rate, passive investment. Minutes to ocean! Net was $100,000 last year and will be $126,000 this year.
Location
State OR
County Curry
Area _274
Zoning CA 2-1
Interior
Heating Heat Pump
Equipment Fixtures
Exterior
View Y/N true
View Territorial, Trees Woods
Roof Type Composition,Metal
Garage No
Building
Sewer Septic Tank, Shared Septic
Water Well
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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