Remodeled Manufactured Home in
For Sale
$134,900
Pending
626 Kylee Ann, Medford, OR 97501
Remodeled 3-bedroom, 2-bath manufactured home with attached carport, updated systems, and space rent that includes park amenities.
Property Size1,296 SF
Days on Market79
Property Features for 626 Kylee Ann
General Information
Standard status
Pending
Size
1,296 SF
Property subtype
Manufactured In Park
Building Details
Year Renovated
2021
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Alex M Aaronson · License #201209927
(832) 741-5106
Source:
Exprealty
Added: Jun 16
Changed: Aug 28
Last Checked: Sep 1 at 8:12PM
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 John L. Scott Medford
Investment Insights
Based on property information with market context.
This remodeled manufactured home offers 3 bedrooms and 2 bathrooms with an open floor plan, vaulted ceilings, and an updated interior. Updates completed in 2021 include the kitchen with granite countertops, a walk-in pantry, quality appliances, and ample cabinetry, along with updated flooring (laminate, carpet, and vinyl). Additional improvements noted include an updated AC unit, updated siding, updated hot water heater, and an updated roof. The home also features an attached carport, a shed, and a spacious yard.
Located in All Age Myra Lynne Park at 626 Kylee Ann in Medford, Oregon, the home comes with space rent of $670 per month. The space rent includes use of shared community amenities such as the clubhouse, in-ground pool, sauna, game room, playground, tennis courts, basketball court, and more.
For tenants or buyers seeking low-maintenance living in a park setting, this home’s renovation updates and included amenity access are central features.
Located in All Age Myra Lynne Park at 626 Kylee Ann in Medford, Oregon, the home comes with space rent of $670 per month. The space rent includes use of shared community amenities such as the clubhouse, in-ground pool, sauna, game room, playground, tennis courts, basketball court, and more.
For tenants or buyers seeking low-maintenance living in a park setting, this home’s renovation updates and included amenity access are central features.
Key Highlights
- Remodeled 3‑bedroom, 2‑bath manufactured home with 1,296 sq ft and an open floor plan
- Updated in 2021 with vaulted ceilings, updated laminate/carpet/vinyl flooring, and an updated AC unit
- Kitchen updates include granite countertops, walk‑in pantry, quality appliances, ample cabinetry, and a tile backsplash
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,189
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$243,780
$243.8K
Cap Rate 7%
$174,129
$174.1K
Cap Rate 9%
$135,433
$135.4K
Market Conditions
NOI Build-Up for 1,296 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$23.3K $18.00/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$22.2K $17.10/SF
− OpEx
−$10.0K −$7.69/SF
NOI
$12.2K $9.41/SF
Area
Jackson County, OR
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$243,780
Cap Rate 7%
$174,129
Cap Rate 9%
$135,433
Alternative Uses
Best Use
Apartment 5plus
$174.1K
$152.4K – $203.2K
NOI $12,189 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$312.8K
$273.7K – $365.0K
NOI $21,897 @ 7.0% cap · market cap 16.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
Business Placement
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Remodeled 3-bedroom, 2-bath manufactured home with attached carport, updated systems, and space rent that includes park amenities.
Where is this mobile home & rv park located?
The property is located at 626 Kylee Ann Medford, OR.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Remodeled 3‑bedroom, 2‑bath manufactured home with 1,296 sq ft and an open floor plan; Updated in 2021 with vaulted ceilings, updated laminate/carpet/vinyl flooring, and an updated AC unit; Kitchen updates include granite countertops, walk‑in pantry, quality appliances, ample cabinetry, and a tile backsplash
