Bought with Keller Williams Southern Oregon-Umpqua Valley
$225,000
$239,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1 SqFt
SOLD DATE : 08/31/2023
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Mobile Park
Listing Status Sold
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $225,000
MLS Listing ID 22466353
Sold Date 08/31/23
Year Built 1970
Annual Tax Amount $806
Tax Year 2022
Lot Size 0.660 Acres
Property Description
Six Mobile Home Spaces. Seller Does Not Own Any Of The Mobiles. Long Term Tenants/Residents. Low Overhead! Great Investment & Passive Income!! Seller's Rep is related to Seller. Currently Priced @ Approx. 8.34% Cap Rate, but will be Approx. 9.55% Cap Rate on 9/1/23 due to allowable rent increase of 14.6%.
Location
State OR
County Coos
Area _260
Zoning UR-2
Interior
Heating Other
Exterior
Garage Spaces 6.0
View Y/N false
Garage No
Building
Sewer Septic Tank
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Principal Broker | Lic# 201210644
ted@beachdogrealestategroup.com
1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006