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    OFF-MARKET
    Mobile home & RV parks

    6029 Salmon Riv Hwy, Otis, OR 97368-9383

    4,048 SF 7.19 ac lot Built 1938
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-0239752
    Property summary
    AI-generated overview

    Exceptional investment opportunity awaits with this 41-unit RV park nestled on over 7 acres along the scenic Salmon River in Otis, Oregon. This established business boasts consistently high occupancy rates, averaging less than 1% vacancy over the past five years, ensuring a reliable income stream. The park features convenient on-site laundry facilities and restrooms for guest comfort. Located a short 15-minute drive north of Lincoln City, this prime location offers easy access to popular attractions and amenities. The property's strong financial performance is highlighted by a current capitalization rate of 7.34%, projected to increase to 7.95% in 2025. This translates to a significant return on investment for the discerning buyer. The asking price for this thriving RV park is $2,500,000. With its proven track record, desirable location, and projected growth, this represents a rare opportunity to acquire a well-established and profitable business in a sought-after Oregon coastal area. The property's 41 units provide ample capacity for a diverse clientele, ensuring continued success. This turnkey operation requires minimal operational overhead, making it an ideal investment for both seasoned and new investors seeking a stable and rewarding venture. The property's location near Lincoln City provides access to a large tourist base, further enhancing its potential for growth and profitability. This is a truly exceptional opportunity to own a piece of Oregon's beautiful coastline and enjoy the benefits of a high-performing investment.

    Property profile
    Verified
    Property type Mobile home & RV parks
    Use group MOBILE HOME PARK, TRAILER PARK
    Year built 1938
    Total area 4,048 SF
    Lot 7.19 ac (313,196 SF)
    Zoning code R-1,RC;RESIDENTIAL
    APN 06-10-26-DC-00200-00
    UPID US71-0239752
    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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    6029 Salmon Rv LLC · 1 yrs held
    6029 Salmon Rv LLC
    since 2025
    7 recorded transactions
    2025
    $2.3M
    2020
    2010
    $1.3M
    2009
    2007
    $530,000
    2005
    1969
    Zoning & alternative use
    R-1,RC;RESIDENTIAL · Otis, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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