All-Ages 17-Space Mobile Home
703 18th St La Grande, OR 97850
For Sale
$800,000
Established 17-space all-ages mobile home park with paved roads and city utilities billed back to tenants.
Days on Market30
Property Features for 703 18th St
General Information
- Standard status
- Active
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1950
Listing Agency:
Columbia Equity Advisors
(503) 913-1943
Listed By:
Jim Reiter · License #26834
(503) 913-1943
Source:
Allprofessionalsre
Added: Jun 27
Changed: Jul 23
Last Checked: Jul 25 at 3:08PM
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 Columbia Equity Advisors
Investment Insights
Based on property information with market context.
Rocks Trailer Court is an established all-ages 17-space mobile home park on approximately 1 acre in La Grande, Oregon. The property features paved roads and city utilities, with utilities efficiently billed back to tenants. The park is described as having no risk of septic failure. The offering includes a flexible general commercial zoning designation.
At the time of offering, there are current vacancies attributed to a recent clean up. Management notes the opportunity to increase income by filling vacancies, moving existing below-market rents toward current market rent, and adding storage units in the park’s open area.
The property is also described as qualifying for Oregon’s maximum 9.5% rent increase. The public remarks cite a 9% cap rate and further compare that to a 6% cap imposed on larger parks.
At the time of offering, there are current vacancies attributed to a recent clean up. Management notes the opportunity to increase income by filling vacancies, moving existing below-market rents toward current market rent, and adding storage units in the park’s open area.
The property is also described as qualifying for Oregon’s maximum 9.5% rent increase. The public remarks cite a 9% cap rate and further compare that to a 6% cap imposed on larger parks.
Key Highlights
- Established all‑ages 17‑space mobile home park on a 1‑acre lot in La Grande, Oregon
- Offered at $800,000 with a stated 9% cap rate
- General commercial zoning with paved roads and city utilities
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Established 17-space all-ages mobile home park with paved roads and city utilities billed back to tenants.
Where is this mobile home & rv park located?
The property is located at 703 18th St La Grande, OR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Established all‑ages 17‑space mobile home park on a 1‑acre lot in La Grande, Oregon; Offered at $800,000 with a stated 9% cap rate; General commercial zoning with paved roads and city utilities
