46K Price
Reduction!
17 Space
Mobile Home Park For Sale in
Rainer, OR
Wife says
2 parks is one too many...so this one must go.
Clean, small country park
for sale. Five park owned homes, 12 tenant owned homes.
Gravel roads, well and septic. Six acres total.
Beautiful pastoral setting. Park currently occupies 4 out
of 6 acres. Zoned industrial with conditional use permit.
Expandable. Built in the '60s. New well pump and
pumphouse. Tenants pay trash. Assumable 390k First @
8.65% fixed 'til 2010.
2006 Gross
$75,240
2006 Expenses $15,740
2008 Projected Gross
$79,020
Price: $529,000
Cap Rate: 11+
Principals only. Serious
inquiries only please.
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