6801 Rogue Riv Hwy, Grants Pass, OR 97527-4455

This exceptional investment opportunity presents the Three Oaks Mobile Home Park in Grants Pass, Oregon. Located at 6801 Rogue River Hwy, 97527, this stabilized property boasts a 7.37% cap rate and a strong NOI of $80,353. The park comprises seven units, including four mobile homes, one RV pad with hookups, and two cottages, all situated on a 3.26-acre lot. Currently operating at 100% occupancy, generating $8,710 in monthly rental income, this park offers significant potential for future growth. The property includes meticulously maintained homes and beautifully landscaped grounds. An attractive feature is the inclusion of an adjoining 2.99-acre tax lot zoned Rural Residential 2.5, providing potential for future development or expansion. The asking price for this turnkey investment is $1,090,000. This property represents a rare opportunity to acquire a well-maintained, high-performing mobile home park with significant upside potential in a desirable location. The low operational expenses contribute to the robust financial performance, making this a compelling investment for discerning buyers.