Rogue River Mobile Estates is an upscale 55+ Community located in picturesque setting of Grants Pass, Oregon (Right off main highway I-5. The Property consists of 40 mobile homes sites and sits on beautifully landscaped 57.6 acres. Upside includes raising rents, potential expansion and utilizing the secured RV Storage area. Sale includes one park owned mobile that was owner residence, market value on home is over $200,000.
Current Space rents are $545, which are under-market compared to surrounding inferior parks in the $700-$865 range. Lot rent includes water (well), sewer (septic) and Garbage (Electric/Cable is directly billed to tenants). On-site Manager resides in her own home and is compensated $2,000/month plus free space rent.
Property is serviced by two wells; one for Park water use and the other for irrigation (potable). The septic system consists of Two 1,000 gallon holding tanks and 2 septic systems (located near secured RV Storage Area).
LOCATION:
City of Rogue River/Grants Pass is located in Southwestern Oregon, just off Interstate 5 in Jackson County. Rogue Valley Internation Medford Airport is just 15 miles East of the Property. Rogue River Highway connects to Redwood Highway (Hwy 199) a major route that connects the I-5 Corridor to Highway 101, to take you to the scenic Oregon-California Coast.
