For Sale
$1,995,000

205 Pacific HwyTalent, OR 97540

Southern Oregon RV park, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a thriving 29-unit RV park situated on a 2.28-acre lot in Talent, Oregon, a prime Southern Oregon tourist destination and wine country. Conveniently located near I-5 and just 10 minutes from Ashland, this property boasts a strong NOI of $105,275, yielding a current cap rate of 5.28%. The park features 27 oversized RV spaces, designed to accommodate larger units, and two additional apartment rentals within a frame building, providing supplemental income. A coin-operated laundry adds further revenue streams. All units benefit from individual utility billing, and the park is serviced by public sewer and water. The property was rebuilt after the Almeda Fire, resulting in entirely new infrastructure. The current layout offers potential for expansion, with the possibility of adding up to five more RV spaces to further increase profitability and potentially raise the cap rate to 8.5%. The asking price is $1,995,000, with a price per unit of $66,500 and a land value of $875,000 per square foot. Detailed financial reports are available upon request. The property is zoned CBH and has an APN of 10276661. This is a rare opportunity to acquire a well-established and profitable RV park with significant upside potential.

Highlights

  • $1,995,000 asking price for this 29-unit RV park in Talent, Oregon.
  • 5.28% cap rate with a $105,275 NOI.
  • Located on a 2.28-acre lot at 205 S Pacific Hwy, Talent, OR 97540 (APN 10276661).
  • Features 29 RV spaces and 2 additional apartment rentals.
  • CBH zoning.

Property Details for 205 Pacific Hwy

Property type
Mobile home & RV parks, Campgrounds
Lot Size (sq. ft)
99,317 SF
Units
29

Location Insight

City
Talent
County
Jackson
State
Oregon
Latitude
42.2432999
Longitude
-122.780031
205 Pacific Hwy, Talent, Oregon

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205 Pacific Hwy
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