Courtesy of: Chris Pfau, Coldwell Banker Pro West R.E., chrisrealtorpro@gmail.com
Courtesy of: Chris Pfau, Coldwell Banker Pro West R.E., chrisrealtorpro@gmail.com
$1,725,000
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Lot: 10.19 Acres
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Other
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$1,725,000
11425 Upper Applegate Road Bigfoot Acres is a stabilized mobile home and RV park investment in the scenic Applegate. The 10.19-acre property includes 23 total units: 13 park-owned manufactured homes, 5 stick-built homes, and 5 RV spaces, all separately metered (except RVs). The park is well maintained with on-site management and ongoing capital improvements completed over time. Recent tenant turnover has allowed in-place rents to reflect current market conditions. Infrastructure includes 6 septic systems, 2 wells, and a 5, 000-gallon holding tank, with key well system components upgraded in recent years. The property also includes a large shop and future expansion potential for additional MH or RV sites (buyer to verify). Strong financial performance with documented NOI of approximately $198, 000 (2024) and $220, 000 (2025). Based on current rents, a 2026 pro forma indicates an estimated NOI of approximately $229, 000, representing a ~13% cap rate at the $1, 725, 000 asking price.
Courtesy of: Chris Pfau, Coldwell Banker Pro West R.E., chrisrealtorpro@gmail.com
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