205 S Pacific Highway Talent, OR 97540
Rare opportunity to buy an RV park in Talent. The Wagner Creek RV park is located on South Pacific Highway, just a short drive to I5 and just 10 minutes from Ashland. Formerly a mobile home park that was destroyed in the Almeda fire. The infrastructure was re-built so everything is new and the use changed to an RV park. Park currently has 27 spaces and 2 additional apartment rentals in the frame building. Spaces are oversize because they were designed for mobile homes so there is upside potential to add more RV spaces by re-arranging the park lay out. Park has a small coin-op laundry for additional income. Public sewer and water. Individual utilities are billed back to the tenants. Current Cap rate is 5.28% and with a small expansion (5 extra spaces) it could rise to 8.5%. See attached income and expense report and financial measures report.
- Property TypeCommercial
- NeighborhoodN/A
- CountyJackson
- Taxes$9,591
- HOA/Condo/Coop Fees$0
- Days on Site46 Days
- MLS StatusActive
- MLS ID Number220181356
- Home Size Source N/A
- Year BuiltN/A
- Lot Size2.28 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Frame
- Parking AsphaltGravelR V Access/ Parking
- Parking Spaces 29
- Sewer Public Sewer
- Number of Stories 2
- Acreage 2.28
- Water Public
- Cross Street W Valley View Road
- Attached Garage No
- Foundation Other
- Zoning CBH
- Listing Conditions Standard
Interior Features
- Cooling Other
- Heating Other
- Flooring Other
Exterior Features
- Roof Metal