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.
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
What's special
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#: 802992
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