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Property profile & analytics
OFF-MARKET
Estimated value
$139,570,000
Mobile home & RV parks
2253 Hwy 99th N, Ashland, OR 97520-9657
Individually Owned
27-yr Hold
Free & Clear
Property ID
US71-0505414
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Total area
207,822 SF
Lot
25.92 ac (1,129,075 SF)
Zoning code
RR-5
APN
1-0126665
UPID
US71-0505414
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$139.57M
Owner & transaction history
Richard B Blackwell · 27 yrs held
Richard B Blackwell
since 1999
7 recorded transactions
Zoning & alternative use
RR-5 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$672 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,560
Tax year 2023
Assessed value
$1,460,790
Assessed 2023
Previous assessed
$1,418,250
+3.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$890,920
Assessed improvement
$569,870
Land market value
$5,223,890
Improvement market value
$20
Total market value
$5,223,910
Applied tax rate
508.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Units
66
Total area
207,822 SF
Lot
25.92 ac (1,129,075 SF)
Zoning code
RR-5
APN
1-0126665
UPID
US71-0505414
Jurisdiction
JACKSON
Zoning & alternative use
RR-5 · Ashland, OR
Zoning RR-5 · permitted uses
RR-5 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
66
Lot
25.92 ac
Current owner
From public records · entity-resolved
Richard B Blackwell
Individual
Free & Clear · 27 yrs held
Mailing address
2253 HWY 99TH N, ASHLAND, OR 97520-9657
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 1999
$150,000
Richard B Blackwell
Mckie,michael W & Barbara A
Grant Deed
—
Aug 11, 1998
$150,000
Richard B Blackwell
Mckie,michael W & Barbara A
Grant Deed
—
Dec 15, 1995
$400,000
Jackson,wellsprings LLC
Jackson,wellsprings LLC
Grant Deed
related
—
Feb 1, 1995
$930,000
Jackson,wellsprings LLC
Aletheia,alliance
Grant Deed
related
—
Dec 9, 1987
$500,000
Aletheia,alliance
Williams,paula
Grant Deed
related
—
Dec 3, 1987
—
Williams,paula
Smith,william Wallace
Grant Deed
related
—
Jun 28, 1985
—
Smith,william Wallace
Smith,william Wallace & Ruth
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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