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Sold for $1,500,000 on 12/01/23
  • Listed by: 

    JORDAN SPARKS 541-646-0650,

    Smi Real Estate

    Bought with: Smi Real Estate
    $1,500,000

    3224 Highway 20, Sweet Home, OR 97386

    79beds
    34baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $924,700 Zestimate®
    $--/sqft
    $1,500 Estimated rent

    Owner options

    List your home for rent

    $1,500/mo

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    $1,500/mo

    Rent Zestimate®

    Refinance and save

    $9,499/mo

    Est. payment

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    $9,499/mo

    Est. payment

    What's special

    Discover South Fork Mobile Park, a charming community situated at the foothills of the Cascades. Boasting a Gross Rent Multiplier of 4.46, this property generates nearly $30,000 in monthly income. With an 8.05% Cap Rate based on YOY Expenses & CURRENT rents, there's plenty of opportunity to increase returns further through RUBS implementation. Under the current ownership, South Fork Mobile Park has undergone significant improvements to benefit both residents and the wider community.

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2023 at 10:51am

    Listed by:

    JORDAN SPARKS 541-646-0650,

    Smi Real Estate

    Bought with:

    Cody Freshour

    Smi Real Estate

    Source: WVMLS,MLS#: 802992MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 79
    • Bathrooms: 34
    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 3.94 Acres
    Details
    • Zoning: C2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Sweet Home

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Land Sales Contract