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5648 Foothill Blvd
Grants Pass, OR 97526

$4,250,000 USD

Land For Sale  •  57.6 AC

Property Details

  • Property Type Land
  • Lot Size 57.6 AC
0 Transit Score
5 Walk Score

Description

Rogue River Mobile Estates is an upscale 55+ Community located in picturesque setting of Grants Pass, Oregon (Right off HWY I-5). Property consists of 40 mobile homes sites, Studio Apt, Shop & Additional Workshop on landscaped 57.6 Acres. Upside includes raising rents, potential expansion and utilizing the secured RV Storage area. 

Current Space rents are $545, which are under-market compared to surrounding inferior parks in the $700-$865 range. Lot rent includes water (well), sewer (septic) and Garbage (Electric/Cable is directly billed to tenants). Property is serviced by two wells; one for Park water use and the other for irrigation (potable). The septic system consists of Two 1,000 gallon holding tanks and 2 septic systems (located near secured RV Storage Area).

Highlights

Upscale 55+ Community, beautifully landscaped right along Rogue River
40 Mobile Home Sites plus Studio Apt, Shop & Additional Workshop
Sale includes 1 Park Owned Mobile (Valued at $250k)
Upside Includes: Under Market Rents, Potential Expansion & RV Storage

Public Transportation

AirportDriveWalkDistance
Rogue Valley International - Medford 27 min - 19.4 mi
William Jackson 206-652-4100 Northwest Park Brokerage
William Jackson 206-652-4100 Northwest Park Brokerage