Coos Bay, OR 97420,1432 NEWMARK AVE
Coos Bay, OR 97420,1432 NEWMARK AVE
Coos Bay, OR 97420,1432 NEWMARK AVE
Coos Bay, OR 97420,1432 NEWMARK AVE
Coos Bay, OR 97420,1432 NEWMARK AVE
Coos Bay, OR 97420,1432 NEWMARK AVE
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Listed by Pacific Coast Real Estate & Development, LLC • 541-404-8388
Bought with Pacific Coast Real Estate & Development, LLC

$800,000

$795,000

0.6%
Est.Price: ?

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Est. payment /mo

6,256 SqFt


SOLD DATE : 07/18/2025

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Mobile Park

Listing Status Sold

Purchase Type For Sale

Square Footage 6,256 sqft

Price per Sqft $127

MLS Listing ID 279434459

Sold Date 07/18/25

Year Built 1975

Annual Tax Amount $4,293

Tax Year 2024

Lot Size 0.700 Acres

Property Sub-Type Mobile Park

Property Description

Pine Cove Estates Mobile home and RV park is a unique investment opportunity featuring 11 mobile home and RV sites 6 unit apartment complex, shop and laundry room. Six RV spaces with tenant owned RV's and Five Mobile home spaces in which Seller Owns all Of The Mobiles. Situated on .70 acres and conveniently located near community amenities for shopping, schools, community college and park making it a desirable location for families and individuals. All sites offer updated 200 amp service as well as city services. Separate laundry room and shop space allows for additional potential income or expansion. This mobile home park presents an excellent opportunity for investors seeking steady passive income or newcomers eager to enter the real estate investment market. Embrace the chance to invest in a growing community that combines profitability with the natural beauty of the Southern Oregon Coast.. Long Term Tenants/Residents. Low Overhead! Great Investment & Passive Income! Currently Priced @ Approx. 16% Cap Rate.

Location

State OR

County Coos

Area _260

Zoning C

Interior

Heating Zoned

Exterior

View Trees Woods

Roof Type Composition,Metal

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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agent
Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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