Property details for 7059 Rogue River Highway, Grants Pass, OR 97527

Mobile Home Park with a Proforma 9.1 Cap Rate that includes a 3bd/2bth MFG Home set on the back acres. With possible expansion and income increase could achieve a 12+ CpRte. This low density Mobile Home Park with desirable living conditions and ample open space has an almost zero ongoing vacancy rate with most tenants of 20+ years. Located near the City of Rogue River on Rogue River Highway, 7 miles from Grants Pass & 30 miles from Medford. This rural 4.85 acre parcel is set across the road from the world famous Rogue River with a picturesque mountain backdrop. It has 8 MFG home spaces w possible 4 more spaces, 2 RV Spaces with hookups, 6+ RV/boat/vehicle storage spaces, 24x24 shop, office & storage sheds. This licensed mfg home park with it's updated State regulated well & septic systems is well maintained with all records on file. This is a low maintenance income property and all mfg homes are owned by the tenants and have their own utility meters. Sold as is buyers do due diligence