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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

46443 Westfir Rd Westfir, OR 97492

10.13 ac lot Built 1999
Property ID
Property summary
AI-generated overview

Casey's Riverside RV Park, located at 46443 Westfir Rd, Westfir, OR 97492, presents a compelling investment opportunity. This established Class B mobile home park and RV resort boasts 79 total units, comprising 56 RV spaces and 21 long-term mobile home/RV spaces, plus two vacation rentals. Situated on 10.13 acres with 1,200 feet of picturesque river frontage near the Willamette National Forest, the park enjoys a highly desirable location. The property features full hookups for all RV spaces, two on-site laundry and shower facilities, a lodge, a seasonal pool, and direct river access. Additional amenities include pavilions with fire pits. Built in 1999 and renovated in 2002, the park is currently operating as a turnkey business with no deferred maintenance. Financial records show a strong NOI of $436,533, resulting in an attractive 8.25% cap rate. Annual property taxes are $15,943.91. There is an existing $1,900,000 deed of trust with Banner Bank. The park's below-market RV space rents offer significant potential for revenue growth. The property is zoned RR5. The APN is 0945590. This is an exceptional opportunity for investors seeking a high-performing asset in a stunning natural setting.

Property profile
Verified
Property type Mobile home & RV parks
Year built 1999
Lot 10.13 ac (441,263 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Casey's Riverside RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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