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About the Listing 4CEA01 - REITERJI
Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.
Listing Highlights for 703 18th St
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level,Private Road
- Garage Capacity: N/A
- Zoning: GC
- Roof:
- Others: Approximately
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $2,857
- Taxes w/Assessments: N/A
- Tax/Property ID: 3935
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
703 18th St La Grande, OR 97850
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