Presented by: eXp Realty, LLC
Property Description
This is your chance to own an income property on the beautiful Deschutes River. 17 spaces that lease for around $500.00 a month. Nice common laundry with two commercial coin-operated washers and dryers and a bathroom. Besides the 16 trailer spaces, there is a small stick-built cabin. The property includes a riverfront frame house that needs remodeling. Fix this house up and live on the river while you bring in $8,000 a month! The infrastructure has been upgraded and well maintained. These types of investments are hard to find, act fast! Please no not 'drive through'. We want to respect the privacy of the tenants.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
BasementNone
Basement (Y/N)No
Common WallsNo Common Walls
FlooringVinyl
Heating Y/NYes
Heating-DuctlessTrue
General
Accessibility Features Y/NNone
Additional Parcels Y/NNo
Attached Garage No
AttributionContact541-420-9000
Business TypeMobile/Trailer Park
CCR Y/NNo
Cap Rate5.3
Carport Y/NNo
CityMadras
Construction MaterialsFrame
CoolingDuctless
CountyJefferson
DirectionsOut of Madras on Highway 26 North to Portland, when you arrive at the bridge to Warm Springs turn right. The park is on the left. Many trees provide privacy and shade.
Gross Income96000.0
HeatingDuctless, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet164,656 sqft
Lot Size UnitsAcres
MobileHomeRemainsYNNo
Net Operating Income66780.0
New ConstructionNo
Number Of Units Total17
Operating Expense29240.0
OwnerPaysCommon Area Maintenance, Electricity, Insurance, Janitorial Service, Repairs, Sewer, Taxes, Water
Parcel Number28
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMetal
Senior CommunityNone
SewerPrivate Sewer, Standard Leach Field
Short Term Rentals PermittedN
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameN/A
Tax Annual Amount$5,127
Tax Lot300
Tax Year2025
Utilities@Core.PermissionsNone
ViewRiver, Territorial
Water Body Access Y/NNone
Waterfront FeaturesRiver Front
Year Built1962
Year Established1948
Zoning DescriptionERD
Exterior
Building Area Total470 sqft
Foundation DetailsStemwall
Inclusionswashers/dryers
Lot FeaturesLandscaped, Level
Lot Size Acres3.78
Lot Size Area3 sqft
Parking FeaturesNo Garage
Road Frontage TypeShared Access
Road Surface TypeGravel
SpaNo
Water SourceWell
Waterfront Y/NYes
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
N/A
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