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Rogue Pacific MHP 29450 Ellensburg Ave., Gold Beach, OR 97444

Off Market  

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 7.6% (Actual)
  • Listing ID: 510822
  • Posted On: Feb 26, 2015
  • Updated On: May 7, 2015

Description

Ocean View and Beach access on the Oregon Coast. Situated on 4.91 acres. 41 Mobile Home spaces, 8 RV spaces and 15 detached rental cabins. City water City sewer 200 amp electrical service. Hwy 101 frontage.

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Park Information

Community Type: All Age
Number of MH Lots: 41
Total Occupancy: 90.0 %
Year Built: 0
Average MH Lot Rent: $310
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $292,214
Operating Expense: $187,932
Net Operating Income: $104,282
Expense Ratio: 64.3 %
Debt Info: $450,000 not assumable

Lot Information

Singlewide Lots: 41
Doublewide Lots: 1

RV Information

Number of RV Lots: 8
Average RV Lot Rent: $310

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 2
Average Rent for Park-owned Homes: $550