Active

205 S Pacific Highway

Talent OR, 97540

$1,995,000


$20.09 per sqft

Active

99,317 sqft

Commercial

Courtesy of Windermere Van Vleet & Assoc2, Steven W Parmelee

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.

220181356

MLS ID

April 24, 2024

Listed

May 9, 2024

Updated

Map

205 S Pacific Highway
Talent OR, 97540

Interior Features

Total Stories

2


Floor Description

Other


Fireplace

Yes


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

2.28 Acres


Exterior Features

No Common Walls, Frame


Roof

Metal


Sewer

Public Sewer

School Information

School District

Acres

Other Property Details

Taxes

$9,591


Tax Frequency

Annually


Garage

No


Parking

Asphalt, Gravel, RV Access/Parking


Parking Total

29


View

No


County

Jackson


Municipality

29


Water Source

Public


Pool

No


Zoning

CBH

Green Building Features

Green Features

Public Utilities

 

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Data last updated 2:10 PM UTC, 5/9/2024

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