11712 SE Davis Loop
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11712 SE Davis Loop
Specialty Building Offered at $1,500,000 at a 7.71% Cap Rate in Prineville, OR 97754
Executive Summary
Juniper Grove RV Park, a rural RV park located at 11712 SE Davis Loop in South Prineville, Oregon. The property, built in 1990, is comprised of 25 RV sites which all have full hook ups. Tare two additional sites with full hookups that previously had manufactured homes on them. The property is serviced by a well and septic and has 30 amps electricity to each site. There are a handful of sites that have the a capacity for 50 amps. None of the RV sites have submeters and all electric is included in the residents’ rent. The park is situated on an up-slope with gravel/dirt roads and surrounded by several trees.
In addition to the RV park, the property includes a full-service store that includes beer and wine, is leased to a 3rd party operator for $1,200 per month. The store generates a high amount of sales due to the fact that it is the only store located for miles around.
In addition to the RV park, the property includes a full-service store that includes beer and wine, is leased to a 3rd party operator for $1,200 per month. The store generates a high amount of sales due to the fact that it is the only store located for miles around.
Property Facts Under Contract
| Price | $1,500,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 25.75 AC |
| Cap Rate | 7.71% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Property Subtype | Trailer/Camper Park |
| Price | $1,500,000 |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 25.75 AC |
| No. Stories | 1 |
| Year Built | 1990 |
zoning
| Zoning Code | RRM5 (Recreation Residential Mobile Zone) |
| RRM5 (Recreation Residential Mobile Zone) |
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11712 SE Davis Loop
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