Bought with Taylor & Taylor Realty Co.
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Key Details
Sold Price $1,610,000
Property Type Commercial
Sub Type Mobile Park
Listing Status Sold
Purchase Type For Sale
Square Footage 648 sqft
Price per Sqft $2,484
MLS Listing ID 117346167
Year Built 1943
Annual Tax Amount $8,709
Tax Year 2024
Lot Size 0.910 Acres
Property Sub-Type Mobile Park
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY in the heart of the Oceanlake district in NW Lincoln City Oregon. This mobile home park with 21 units (400/month) and 1 single family home (1,200/mo) with excellent long-term rental history. Almost an acre lot (0.91 acre) of favorable commercial mixed-use zoning of OP-IM. Less then 2 blocks to beach access!! Nearby coffee shop, restaurants, theater, and shopping. Adjacent property (house on 0.11 acre lot) may be purchased also. All mobile homes/RVs are tenant-owned and serviced by public utilities. 2bed/1 bath home has all new electrical. DO NOT DISTURB TENANTS.
Location
State OR
County Lincoln
Area _200
Zoning I-M
Interior
Heating Other
Exterior
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Schools & Businesses
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