Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 399241
- Posted On: Sep 4, 2013
- Updated On: Dec 9, 2013
Description
Without exaggeration, you can clearly see that this property is arguably the best located and most scenic mobile home park in Oregon. In comparing Whaleshead Beach Resort with the Top 100 Sam's Park and Resorts, I didn't see a park with better features, e.g., located near multiple gold courses, a casino and numerous Oregon coastal attractions. These features are in addition, of course, to the most scenic ocean views on 43 beautifully landscaped acres. Qualified investors, I would encourage you to tour the park and accept an invitation for a free two night stay in an Ocean View Cottage at the resort. For more park pictures go to www.dropshots.com/paulg58
Amenities
- Laundromat
- Storage
- Club House
- Handicap Accessible
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Park Information
Community Type: | All Age |
Number of MH Lots: | 158 |
Total Occupancy: | 99.0 % |
Year Built: | 1991 |
Average MH Lot Rent: | $470 |
Size: | 41 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $1,700,000 |
RV Information
Number of RV Lots: | 34 |
Average RV Lot Rent: | $470 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Treatment Plant |
Park-Owned Homes
Number of Park-owned Homes: | 3 |
Average Rent for Park-owned Homes: | $400 |