Manufactured Home Park, Unique Income Property for an investor or your residence with a proforma income with a 9.1 Cap Rate that includes a 3bd/2bth MFG Home set on the back acres.. This low density Mobile Home Park with it's 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 with possible 4 more spaces, 2 RV Spaces with hookups, 6 RV/boat/vehicle storage spaces with room for more, 24' x 24' shop, small 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. Potential up to 12 Cap Rate.
