Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Shasta Glen Manufactured Housing Community Title is generated by Realmo AI

    4647 Winter Ave, Klamath Falls, OR 97603

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    13.66-acre manufactured housing community in Klamath Falls, Oregon.

    Type:Mobile Home Park, Multifamily
    Lot size:
    13.66 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 4647 Winter Ave

    General Information

    Standard status
    Active
    Lot size
    13.66 Acres
    Property subtype
    Mobile Home Park, Multifamily

    We can help!

    Listing Contact
    Anja Jauregui

    Listing agent Anja Jauregui License #License: OR: 201224508

    Listing office JLL - Portland, Orgeon

    Listing date Feb 10, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JLL - Portland, Orgeon

    HighLights

    • High‑quality, well‑maintained manufactured housing community in a desirable location.
    • Immediate scale opportunity with 17% vacancy and historical absorption of 5‑6 homes per year.
    • Strong income potential with steady lot rents of $525 per month and attractive rent growth potential.
    • Enjoy four‑star amenities including park and BBQ area, playground, and basketball court.
    • Oversized lots averaging nearly 5,000 square feet.
    • Located one mile from highly rated elementary and high schools.

    Overview

    Shasta Glen is a 13.66-acre all-age manufactured housing community located in Klamath Falls, Oregon. The property features 93 homesites, with 83% occupancy consisting of tenant-owned homes and four park-owned homes. The current vacancy provides an opportunity for increased occupancy. The property is recognized as a high-quality community, offering meticulous maintenance and comprehensive public utility infrastructure. Lot rents are currently $525 per month. The oversized lots average nearly 5,000 square feet. Amenities include a park and BBQ area, playground, and basketball court. The community is located one mile from Peterson Elementary, Stearns Elementary, and Mazama High School. Klamath Falls benefits from a stable economic base supported by healthcare, education, manufacturing, and tourism. Residents have access to hiking, mountain biking, freshwater fishing, and golf courses, including the Arnold Palmer-designed Running Y Ranch Golf Course. Shasta Glen is positioned to capture continued occupancy and rent growth.
    Location Intelligence

    Current Use by Public Records

    Fruit Cupcakes & Vegetable ... Community Center Shasta Glen Mobile ... Campground & RV Park Hyperfrantic Studios Film Production

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.7306548
    Latitude
    42.1928192

    Nearby Similar for Sale

    • $410,000
      2,658 SF

      Klamath Falls Investment Property

      Well-maintained duplex in Moyina Heights with city and mountain views.
      1752 & 1754 Kimberly Drive, Klamath Falls, OR 97603
      View Details
    • $359,000
      1,220 SF

      Klamath Falls Income Property

      Income-producing property with two homes on a spacious lot.
      2539 Kane Street, Klamath Falls, OR 97603
      View Details
    • $325,000
      2,100 SF

      Klamath Falls Multi-Family Opportunity

      Two houses on a corner lot with income potential.
      2404 -2406 Gettle Street, Klamath Falls, OR 97603
      View Details
    • $649,999
      2,509 SF

      Thriving Market with Residential Unit

      Profitable market with living quarters in Klamath Falls, Oregon.
      3802 Altamont Drive, Klamath Falls, OR 97603
      View Details
    • $295,000
      1,846 SF

      Klamath Falls Duplex For Sale

      Duplex in Klamath Falls with separately fenced yards.
      1320 Summers Lane, Klamath Falls, OR 97603
      View Details
    • $375,000
      2,737 SF

      Versatile Commercial Property with Residential Use

      Multi-use property in downtown Klamath Falls with commercial zoning.
      1146 Pine Street, Klamath Falls, OR 97601
      View Details
    • $375,000
      2,737 SF

      Versatile Mixed-Use Property Downtown

      Commercial/residential property with multi-use potential in Klamath Falls.
      1146 Pine Street, Klamath Falls, OR 97601
      View Details
    • $250,000
      2,922 SF

      Commercial Building on Main Street

      Two-unit commercial building in Klamath Falls, both units rented.
      427 Main Street, Klamath Falls, OR 97601
      View Details
    • $498,750
      3,325 SF

      Downtown Klamath Falls Commercial Building

      Two commercial spaces in one seismically improved building on Main.
      513 Main Street, Klamath Falls, OR 97601
      View Details
    • $434,000
      9,500 SF

      Klamath Falls Commercial Property

      Versatile 9,500 sq ft property leased to Klamath Community College.
      357 E Main St, Klamath Falls, OR 97601
      View Details
    • $175,000
      3,100 SF

      Klamath Falls Commercial Brick Building

      3100 sq ft building suitable for various commercial uses.
      4134 Balsam Drive, Klamath Falls, OR 97601
      View Details
    • $450,000
      5,525 SF

      Light Industrial Shop on Adams

      Well-maintained 5,525 SF light industrial shop for sale.
      1225 Adams St, Klamath Falls, OR 97601
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - 13.66-acre manufactured housing community in Klamath Falls, Oregon.
    Where is this mobile home & rv park located?
    The property is located at 4647 Winter Ave Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: High‑quality, well‑maintained manufactured housing community in a desirable location.; Immediate scale opportunity with 17% vacancy and historical absorption of 5‑6 homes per year.; Strong income potential with steady lot rents of $525 per month and attractive rent growth potential.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Anja Jauregui
    Real Estate License ID: License: OR: 201224508
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4647 Winter Ave, Klamath Falls, OR 97603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!