For Sale
$1,750,000

24828 Or-38Elkton, OR 97436

Prime Umpqua Riverfront RV Park

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8.5-acre RV park in Elkton, Oregon, presents a lucrative investment opportunity. Boasting a 7.72% cap rate and a strong NOI of $135,023, this stabilized Class B property offers 40 units, including 21 RV sites (90% long-term occupancy), three park-owned mobile homes, four cabins, one tiny home, and eleven campsites. Built in 1997 and renovated in 2020, the property includes ten buildings, a 1,800 sq ft loft apartment above a storage/shop building, and recreational amenities such as a lounge, restrooms, showers, and laundry facilities. Situated directly on the Umpqua River, renowned for its smallmouth bass fishing, this property benefits from a desirable location in Douglas County, Oregon, near major highways and attractions. The property operates on a septic and upgraded UV water well system. The asking price is $1,750,000 ($43,750 per unit). Financing options, including seller carry, are available upon negotiation. The property's APN is R41215 and is zoned MULTI-FAM-MH PARK/WTR INFL. This turnkey operation offers significant potential for continued growth and profitability.

Highlights

  • Riverfront RV park on the Umpqua River, known for smallmouth bass fishing.
  • 21 RV sites, 90% long-term occupancy.
  • Three park-owned mobile homes, generating rental income.
  • Four cabins and one tiny home, available for rental.
  • Eleven tent/primitive campsites.
  • 1,800 sq ft loft apartment above storage/shop building.

Property Details for 24828 Or-38

Property type
Specialty properties, Mobile home & RV parks
Class
B
Year Built/Renovated
1997/2020
Buildings
10
Lot Size (sq. ft)
370,260 SF
Units
40

Location Insight

City
Elkton
County
Douglas
State
Oregon
Latitude
43.681901
Longitude
-123.670364
24828 Or-38, Elkton, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
24828 Or-38
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message