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Idaville RV Park 7475 Alderbrook Rd

27 Unit Mobile Home Park $2,700,000 ($100,000/Unit) Tillamook, OR 97141

Investment Highlights

  • Location

Executive Summary

Prime Investment Opportunity. Owned and operated for 50 years.

Property Facts

Price $2,700,000
Price Per Unit $100,000
Sale Type Investment
Sale Conditions Business Value Included
No. Units 27
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 1.78 AC
Building Size 77,537 SF
No. Stories 1
Year Built 1955

About 7475 Alderbrook Rd , Tillamook, OR 97141

Discover this exceptional investment opportunity in Tillamook Oregon, a family-run mobile home park for over 50 years. Situated right next to Alderbrook golf course, this property offers scenic views and is conveniently located near prime spots for fishing, hunting, hiking, and other outdoor adventures. This property is small but mighty, with 27 spaces, 7 available to bring in brand new homes with new tenants. Factory Expo Homes offer great pricing on park models, starting at $49K and single wides, starting at $59K. Key features include: 13 septic systems with 9 tanks and 2 fields replaced through the years with a few being recent. Plans are in place to update the remaining 2. Electric: most overhead, some underground. Water: pipes are black poly and white pvc. Drain fields:2 known, seller can point out for interested parties. Wash house and adjacent shed have been painted recently and the roof was just replaced this summer. Each space has its own electricity with the exception of 4. Current rents: $350 - $625 without electricity $725 with electricity (park owner pays) All new tenants start at $625 This mobile home park offers positive cash flow with room for growth. Whether you want to expand or maintain the current operation, this is a solid investment with room to increase profitability. An open space has been used for family to come for a short stay, this could be continued for your family! Seller carried financing options may be available with the right offer. There are three lots with doublewides on them available for sale behind this property to add to your portfolio. Reach out today for more details!

  • Listing ID: 33475162

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 7475 Alderbrook Rd, Tillamook, OR 97141

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