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Listed by Works Real Estate
$ 2,700,000
Est. payment | /mo
10 SqFt
$ 2,700,000
Est. payment | /mo
10 SqFt
Key Details
Property Type Commercial
Sub Type Mobile Park
Listing Status Active
Purchase Type For Sale
Square Footage 10 sqft
Price per Sqft $270,000
MLS Listing ID 24203465
Year Built 1955
Annual Tax Amount $3,583
Tax Year 2023
Lot Size 1.780 Acres
Property Description
Discover this exceptional investment opportunity in Tillamook Oregon, a family-run mobile home park for over 50 years. Situated right next to Alderbrook golf course, this property offers scenic views and is conveniently located near prime spots for fishing, hunting, hiking, and other outdoor adventures.This property is small but mighty, with 27 spaces, 7 available to bring in brand new homes with new tenants. Factory Expo Homes offer great pricing on park models, starting at $49K and single wides, starting at $59K.Key features include:13 septic systems with 9 tanks and 2 fields replaced through the years with a few being recent. Plans are in place to update the remaining 2.Electric: most overhead, some underground. Water: pipes are black poly and white pvc. Drain fields:2 known, seller can point out for interested parties.Wash house and adjacent shed have been painted recently and the roof was just replaced this summer. Each space has its own electricity with the exception of 4.Current rents: $350 - $625 without electricity $725 with electricity (park owner pays)All new tenants start at $625This mobile home park offers positive cash flow with room for growth. Whether you want to expand or maintain the current operation, this is a solid investment with room to increase profitability.An open space has been used for family to come for a short stay, this could be continued for your family!Seller carried financing options may be available with the right offer. There are three lots with doublewides on them available for sale behind this property to add to your portfolio. Reach out today for more details!
Location
State OR
County Tillamook
Area _195
Zoning CSFR
Interior
Heating None
Exterior
View Golf Course, Mountain, Ocean
Garage No
Building
Sewer Shared Septic
Water Public Water
Others
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
