Dunes Ranch Mobile Home Park



slideshow image
 
 
Listing Information
$2,550,000 
Sales Price: $2,550,000
No. Spaces: 66
Price/Space: $38,636
Property Type: Family
Cap Rate: 6.53%
Net Operating Income: $166,456
Lot Size: 12 Acres

Description:
The Dunes Mobile Ranch is a 66 space Family Mobile Home park located in North Bend, Oregon, which is 217 miles south of Portland, OR. Property was built in 1988-1993 and covers approximately 12 acres. It features year-round recreation and is next to the Oregon Dunes National Recreation Area. There is nearly 1000 feet of water front in the park, including Ten Mile Creek, which features a winter Steel Head run.

The park has public water with septic facilities and a well for irrigation purposes. It has a history of high, stable tenancy with many long-term residents. Current Rents range from $325-$350 with Owner responsible for water and garbage charges. There was a $5 Rent Increase done effective April 1st, 2017.

Situated next to Coos Bay, North Bend is a coastal city of with population of 9,720 and features the 500-foot sand dunes of the Oregon Dunes National Recreation Area, historic McCullough Memorial Bridge, beautiful Horsefall Beach.
Request Additional Information
Name:
Email:
Phone:
Questions:


Please enter the text in the image exactly as it appears in the box
 
 

Home   .   About Us   .   Listings   .   Closed Transactions   .   Services   .   Industry Updates   .   Contact Us
© 2011 Northwest Park Brokerage, Inc. All Rights Reserved.   |   Serving the areas of Washington, Oregon, Idaho and Montana   |   www.nwparks.com