Contact Information

Anja Jauregui
Jones Lang LaSalle

Mobile Home Park Details

  • Price: $2,950,000
  • Purchase Method: Seller Financing
  • Land: This is land for developing a mobile home park
  • Listing ID: 6208844
  • Posted On: Jun 13, 2024
  • Updated On: Jun 20, 2024

Description

JLL, as the sole and exclusive agent, has been retained to offer the opportunity to acquire Rogue Valley Village (the
“Property”), a 5.07-acre manufactured housing community development site located in Medford, Oregon. Current ownership has developed preliminary plans for 76 sites (67 MFH, 9 RV sites) including engaging with the County and receiving preliminary approval. The Property resides between Highway 99 and Interstate 5, the primary arterial connecting Washington, Oregon, and California. Demand for manufactured housing continues to improve as new supply is limited, primarily due to challenges obtaining the proper zoning and necessary entitlements.

The asset class has experienced strong occupancy stability and rent growth. The compelling narrative created by favorable investor returns, and growing need for affordable living options, continues to attract attention from institutional and private capital further driving value.

Now offering Seller financing:
-15% down
-No payments for the first year
-Flexible term and interest rate

Location

Jackson County is situated in the southernmost region of the state and covers an area of approximately 2,800 square miles. The county is home to a diverse range of natural landscapes, including the Cascade Range mountains, lush forests, and the picturesque Rogue River. The county seat and largest city in Jackson County is Medford, which serves as the economic and cultural hub of the region. Medford is known for its vibrant downtown area, historic buildings, and a wide range of amenities and services. Other notable cities and communities in Jackson County include Ashland, Central Point, Eagle Point, and nearby Phoenix.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 67
Total Occupancy: 0.0 %
Size: 5 acre(s)

Utility Information

Water: City
Sewer: City

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