Hines RV & Mobile Home Park
1301 Hwy 20 South : Hines, OR 97738
Harney County, Oregon
Lot Description
The Hines RV & Mobile Home Park is located in South Eastern Oregon by Hines & Burns. The park has 43 spaces of which 13 are used for permanent and day use RV spots that rent for or ight. There are 15 manufactured homes owned by the seller which 13 of them are rented for 0 to per month. The owner is absentee and has one manufactured home for personal use which could rent for an additional The frame built office/house is currently being remodeled and could be rented for an additional The tenant owned home spaces are renting for All homes are on city water & sewer which are included in the rent. This park has a good cap rate with potential for growth & immediate cash flow.
ADDRESS 1301 Hwy 20 South, Hines Oregon
ACREAGE 8.82 acres
SPACES 43 total spaces which include 30 Mobile Homes & 13 RV Spaces
UTILITIES City sewer & domestic water, there is a well for irrigation
Taxes 2019-2020 Cap Rate 5.98 lots of potential to increase cap rate Improvements - 1,400 sq.ft., 4 bdrm, 1 - full, 1 -, 1 - baths frame built house from 1965 plus attached two car garage
- 14 singlewide manufactured homes
- Bathroom & Laundry Facility
- Please see attached list of the homes in the park