Bought with Non Rmls Broker
$2,225,000
$2,400,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
1,188 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $2,225,000
Property Type Commercial
Sub Type Mobile Park
Listing Status Sold
Purchase Type For Sale
Square Footage 1,188 sqft
Price per Sqft $1,872
MLS Listing ID 24123041
Sold Date 11/15/24
Year Built 2005
Annual Tax Amount $8,078
Tax Year 2023
Lot Size 2.170 Acres
Property Description
Newberry RV Park, positioned in Central Oregon on HWY 97, presents the opportunity to invest in 47 full-hookup long-term/short-term RV sites(14 pull-through and 33 back-in).The Park is on city sewer& water & has been well maintained. Spaces include amenities including 30 & 50 AMP service (tenants are billed for electrical use),water &sewer hookups,& Wi Fi access. There is anon-site manager?s unit & a dog park. The park?s bathrooms, grounds, & infrastructure are in excellent condition. Legacy tenants pay $550/month, while new move-ins go for $850.The Park's operational model accommodate both short term visitors and long term residents, ensuring occupancy and financial stability throughout the year. A new owner has the opportunity to reinvent the space, choosing between maintaining its status as a beloved RV destination(4.5 stars on Trip Advisor)or evolving into along-term MHP with/park models.
Location
State OR
County Deschutes
Area _320
Zoning CMX
Interior
Heating Heat Pump
Exterior
View Territorial
Garage No
Building
Sewer Public Sewer
Water Community
Others
Acceptable Financing Cash
Listing Terms Cash
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