Highland Mobile Home Park

Sales Price: $1,975,000.00

Sales Price: $1,975,000.00
No. Spaces: 74
Price/Space: $29,054
Property Type: Family
Cap Ratio: 7.66%
Net Operating Income: $164,649
Lot Size: 6 Acres Acres

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Highland Mobile Home Park is a quality 74 space Family community located in Reedsport, OR. The property covers approximately 6 acres and was built in 1962. The property is serviced by public utilities and Owner pays for Water, Sewer and Garbage. Rents currently range from $285-$340 (See Rent Roll) with Tenants responsible for Electricity usage.

Park features 37 Singlewides, 5 Doublewides, 8 fully skirted Park Models and 24 RV. Three occupied RV spaces can accommodate singlewide mobile homes.

Reedsport is located in Douglas County on the central Oregon coast at the intersection of Oregon Highway 38 and U.S. Highway 101. The City is approximately 195 miles south of Portland, 87 miles southwest of Eugene, 70 miles west of Roseburg, and 21 miles south of Florence.

City of Reedsport is located on the beautiful Oregon Coast on Highways 101 and 38 on the banks of the Umpqua River the largest river between the Sacramento and the Columbia.