Bought with Harcourts Integrity Team Real Estate Services, LLC.
$1,320,000
$1,400,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/29/2021
Key Details
Sold Price $1,320,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Riddle, Or
MLS Listing ID 20505312
Sold Date 01/29/21
Year Built 1970
Annual Tax Amount $4,900
Property Description
ATTENTION INVESTORS! Here is your opportunity to own a desirable recession proof asset. Old Hotel Mobile Home Park has a long history of high occupancy and long term renters. A manager is on site and vacancy or delinquent rent is a rare occurrence. The property is in excellent physical condition most all of the water and sewer lines being replaced. The current owner paid approx. $80k for new paving. The park is comprised of 27 park spaces and three stick built homes. Don't miss out on this one!
Location
State OR
County Douglas
Area _258
Zoning UZ
Interior
Heating Floor Furnace
Exterior
View Y/N true
View Mountain
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Riddle
High Schools Riddle
Others
Acceptable Financing CallListingAgent, Cash, Conventional, FHA
Listing Terms CallListingAgent, Cash, Conventional, FHA
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spencer@vettruscrawfordrealty.com
2175 NW Raleigh St. Suite 110, Portland, OR, 97210, United States