11425 Upper Applegate RD Active

Jacksonville,OR 97530

$ 1900000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 220199943

Year Built 1962

Annual Tax Amount $10,422

Lot Size 10.190 Acres

Property Description

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 5,000 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.

Location

State OR

County Jackson

Interior

Heating Baseboard,Electric,Hot Water,Wall Furnace,Wood

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature RV Dump,RV Hookup

Parking Features Gravel,RV Access/Parking,Shared Driveway

Waterfront Description Creek

Roof Type Composition,Metal

Building

Foundation Pillar/Post/Pier,Other

Water Shared Well,Well,Other

Structure Type Steel Frame,Frame

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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