1432 NEWMARK AVE new Save Request In-Person Tour Request Virtual Tour
Coos Bay,OR 97420
Key Details
Property Type Commercial
Sub Type Mobile Park
Listing Status Active
Purchase Type For Sale
Square Footage 6,256 sqft
Price per Sqft $127
MLS Listing ID 279434459
Year Built 1975
Annual Tax Amount $4,293
Tax Year 2024
Lot Size 0.700 Acres
Property Sub-Type Mobile Park
Property Description
Pine Cove Estates Mobile home and RV park is a unique investment opportunity featuring 11 mobile home and RV sites 6 unit apartment complex, shop and laundry room. Six RV spaces with tenant owned RV's and Five Mobile home spaces in which Seller Owns all Of The Mobiles. Situated on .70 acres and conveniently located near community amenities for shopping, schools, community college and park making it a desirable location for families and individuals. All sites offer updated 200 amp service as well as city services. Separate laundry room and shop space allows for additional potential income or expansion. This mobile home park presents an excellent opportunity for investors seeking steady passive income or newcomers eager to enter the real estate investment market. Embrace the chance to invest in a growing community that combines profitability with the natural beauty of the Southern Oregon Coast.. Long Term Tenants/Residents. Low Overhead! Great Investment & Passive Income! Currently Priced @ Approx. 16% Cap Rate.
Location
State OR
County Coos
Area _260
Zoning C
Interior
Heating Zoned
Exterior
View Trees Woods
Roof Type Composition,Metal
Building
Story 1
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional