42764 Port Orford Loop Port Orford, OR97465
$1,350,000
$158,375 annual income
4672 sq. ft
5 to 6.99 Acres
Zoning: CA 2-1
1683 days on market
Tour #1Tour #2VestorFilter™
Price per ft²$288.95/ft²
Recent price drop$250,000
Price per acre$203.9K/ac
Time on market1683 days
Property Description
Silver Springs RV park is up for sale! 34 sites spread across 6.5 beautifully landscaped acres with extra large sites create a park like setting. 48X36 shop with apartment, shower house, and laundry. 5 owned units including 2 cabins,3 mobiles included. 2 wells, 7 septic systems allows for expansion of 10 more sites. This well oiled machine runs itself with onsite manager and handyman, 8% Cap Rate, passive investment. Minutes to ocean! Net was $100,000 last year and will be $126,000 this year.
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Financial Data
Date Sold2020-07-28
Sold Price$1,350,000
Price ChangeDropped $250,000 on 07/31/2020
Total $250,000 drop
Total $250,000 drop
Original Price$1,600,000
Current Price$1,350,000
Property Taxes$729
Find On Map
Home Facts
StatusSold
Year Built1990
MLS ID19322396
