3760 US-101 Hwy - Manufactured Housing/Mobile Housing FOR SALE


Florence, OR 97439
$5,000,000 USD
971-645-2407
3760 US-101 Hwy, Florence, OR for Sale
$5,000,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/17
null | Request Cap Rate

3760 US-101 Hwy
Florence, OR 97439


HIGHLIGHTS

  • Park Overview. A 5.01-acre property featuring 57 units, including a 28-space mobile home park, 28 RV spaces, and a single-family residential home.
  • Interior Streets. The park features 25’-30’ wide asphalt streets, all in excellent condition.
  • Off-Street Parking. Each space includes a paved driveway accommodating two vehicles.
  • Interior Lighting. Overhead streetlights provide consistent illumination throughout the park.
  • Recreation Room. A well-equipped recreational building features billiards, a card table, darts, washer and dryers, a guest bedroom, and two bathrooms.
  • Laundry. Washers and dryers are conveniently located in the recreational building.

OVERVIEW

Colliers, as the sole and exclusive agent, is pleased to present the opportunity to acquire Wayside RV & Mobile Home Park, a meticulously maintained senior community in Florence, Oregon. This senior (55+) community is comprised of 28 manufactured homes, 28 RVs and one single family home centered within the park. All but 7 of the 28 RV sites are extended stay. The amenities of the park feature a recreation room which has one guest bedroom, two bathrooms, washer and dryer units. The location is unparalleled, positioned across Highway 101 from the Florence Golf Links, with scenic beaches offering breathtaking views of the Pacific Ocean just beyond. Florence is the nearest coastal city 60 miles east from Eugene, Oregon home of the Oregon Ducks. Median home sales within the area are near half a million. All homes are tenant-owned and serviced by public utilities. Residents just realized a $60 increase in October 2024 bringing average site rent to $823 which includes water, sewer, garbage and cable.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$3,333 USD /SF

# OF UNITS

57

PRICE/UNIT

$87,719

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

B & E Wayside RV-Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

55

LAND DETAILS

LAND ACRES

5.01 AC

LAND SF

218,236 SF

ZONING

-

APN/PARCEL ID

18-12-14-33-00800-000

ASK ABOUT THIS PROPERTY

Alexander ChengColliersMore Info
971-645-2407

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Alexander ChengColliersMore Info
971-645-2407

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.