52660 HIGHWAY 97LaPine, OR97739

$2,900,000
$356,265 annual income
1188 sq. ft
2.17 acres
Acres1to3
Zoning: CMX
18 days on market

VestorFilter™

Price per ft²$2,441.08/ft²
Price per acre$1.34M/ac
Time on market18 days

Property Description

Newberry RV Park, positioned in Central Oregon on HWY 97, presents the opportunity to invest in 47 full-hookup long-term/short-term RV sites(14 pull-through and 33 back-in).The Park is on city sewer& water & has been well maintained. Spaces include amenities including 30 & 50 AMP service (tenants are billed for electrical use),water &sewer hookups,& Wi Fi access. There is anon-site manager?s unit & a dog park. The park?s bathrooms, grounds, & infrastructure are in excellent condition. Legacy tenants pay $550/month, while new move-ins go for $850.The Park's operational model accommodate both short term visitors and long term residents, ensuring occupancy and financial stability throughout the year. A new owner has the opportunity to reinvent the space, choosing between maintaining its status as a beloved RV destination(4.5 stars on Trip Advisor)or evolving into along-term MHP with/park models.

{{ compliance-logo }}Listing Provided By Fay Ranches, Inc

Financial Data

Original Price$2,900,000
Current Price$2,900,000
Property Taxes$8,079

Find On Map

Home Facts

StatusActive
Year Built2005
MLS ID24123041