7059 Rogue River Highway Grants Pass, OR 97527

Building Details

Year Built

1990

Listing agency Century 21 JC Jones American Dream c***@aol.com Show Phone

Listed by Gary J Luckin · License #200306128 Show Phone

Source Exitrealty

Added: Apr 4, 2025 Updated: Jul 20 at 5:21PM Checked: Jul 21 at 5:32AM

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Investment Insights

Based on property information with market context.

This clean, well-kept family mobile home and RV park consists of tenant-owned homes and RVs on a low-density Class 3 MH Park configuration. The property operates with 10 MH & RV spaces and includes additional rent income. It is described as a State Licensed MH Park with stable occupancy and minimal turnover. County policy allows for up to 50% expansion by approval, and a DEQ septic approval is on file for 4 to 6 additional spaces.

The park is located on Rogue River Highway, approximately 3 minutes from Rogue River, 10 minutes from Grants Pass, and 25 minutes from Medford. It is also described as directly across the road from the Rogue River with a mountain backdrop.

The offering is presented as a low-risk, low-maintenance income property. The remarks cite a 6+/- CAP rate based on an adjusted 2024 YTD Pro Forma P&L, with potential to reach higher CAP rates by bringing rents to current market and pursuing the approved expansion.

An adjacent 4.88-acre property with 4 rentals is also for sale and may provide further expansion possibilities. Buyers are advised to complete due diligence.

Key Highlights

• State‑licensed mobile home and RV park (Class 3) built in 1990
• 10 MH & RV spaces with tenants owning all homes and RVs
• DEQ septic approval on file for 4 to 6 additional spaces

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FAQs

What type of property is this?

Mobile home & RV park - Well maintained mobile home and RV park with 10 tenant-owned spaces and DEQ septic approval potential for additional sites.

Where is this mobile home & rv park located?

The property is located at 7059 Rogue River Highway Grants Pass, OR.

What is the asking price?

The asking price for this property is $1,049,000.

What are key features of this property?

This property features: State‑licensed mobile home and RV park (Class 3) built in 1990; 10 MH & RV spaces with tenants owning all homes and RVs; DEQ septic approval on file for 4 to 6 additional spaces