400 Pacific Hwy Creswell, OR 97426
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 400 Pacific Hwy
- Property type
- Mobile home & RV parks
Description
This exceptional investment opportunity presents two well-established mobile home parks located in Creswell and Cottage Grove, Oregon. The portfolio comprises a total of 69 pads, boasting 100% occupancy across both locations. Situated in Lane County, these parks benefit from city utilities, eliminating the complexities and costs associated with private utility management. All homes are resident-owned, simplifying operations and reducing potential liabilities. The strategic proximity of the two parks allows for efficient shared staffing, optimizing operational efficiency and cost-effectiveness. Furthermore, one park enjoys frontage along I-5, providing excellent visibility and accessibility. Currently operating with below-market rents, this portfolio presents a significant opportunity for immediate cash flow and future rental growth within the Eugene metro area. This turnkey asset offers a stable and attractive investment prospect for experienced investors seeking a high-performing mobile home park portfolio in a desirable Oregon location. The Creswell park is located at 400 N Pacific Hwy, 97426, and the Cottage Grove park is at 1011 N 9th St, 97424. This is a rare opportunity to acquire a stabilized, high-occupancy portfolio with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Creswell
- County
- Lane
- State
- Oregon
- Longitude
- -123.017
- Latitude
- 43.9218
