Contact Information

Perri Weber
License: WA 139417 / CA 02105217

Columbia Equity Advisors

CONTACT BROKER

Price: $800,000
Purchase Method: Cash, Seller Financing, New Loan
Cap Rate: 9.1% (Pro Forma)
Listing ID: 7046787
Posted On: Jun 27, 2026
Updated On: Jun 27, 2026

Description

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.

Location

The City of La Grande (metro population 27,036) is nestled against the majestic Blue and Wallowa Mountain ranges. The community sits at the edge of one of the largest, enclosed circular valleys in the United States, with over a million acres of fertile soil surrounded by snow-capped mountain peaks commonly referred to as, "The Valley of Peace".
With an excellent transportation system, La Grande has an available and trained workforce, existing manufacturing and commercial sites, and an active
business community. La Grande is a great place to do business. Its geographic location and stable economy is very conducive to manufacturing,
distribution and service industries. Eastern Oregon University serves a vibrant student population.