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Listing Provided By: JORDAN SPARKS 541-646-0650 with SMI REAL ESTATE
$1,700,000
3224 Highway 20, Sweet Home, OR 97386
79 Beds
34 Baths
n/a SqFt

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Listing Provided By: JORDAN SPARKS 541-646-0650 with SMI REAL ESTATE
Accepted Offer with Contingencies. Discover South Fork Mobile Park, a charming community situated at the foothills of the Cascades. Boasting a Gross Rent Multiplier of 4.87, this property generates nearly $30,000 in monthly income. With an 8.28% Cap Rate based on Actual 2023 Income & Expenses, there's plenty of opportunity to increase returns further through RUBS implementation. Under the current ownership, South Fork Mobile Park has undergone significant improvements to benefit both residents and the wider community.
  • Price:
  • $1,700,000
  • Bedrooms:
  • 79
  • Acreage:
  • 3.94
  • Listing ID #:
  • 802992
  • Street Address:
  • 3224 Highway 20
  • City:
  • Sweet Home
  • State:
  • Oregon
  • Postal Code:
  • 97386
  • County:
  • Linn
  • Community:
  • 80 Linn County
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Multi- (5+)
2
out of 5

Foster Elementary School
Public
School Grade Level K-6
School Students 340 students
School Teachers 23 student/
teacher
1
out of 5

Sweet Home Junior High School
Public
School Grade Level 7-8
School Students 360 students
School Teachers 18 student/
teacher
2
out of 5

Sweet Home High School
Public
School Grade Level 9-12
School Students 726 students
School Teachers 19 student/
teacher

Source: ATTOM

  • Number Of Units:
  • 34
  • Conforms To Zoning:
  • C2
  • Excluded:
  • Tenant Personal Property
  • Financing Options:
  • Land Sales Contract, Cash, Conventional
  • Price Per Acre:
  • 431472.08
  • Property Taxes:
  • $15,148
  • Existing Water:
  • City
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: JORDAN SPARKS 541-646-0650 with SMI REAL ESTATE
  • VALLEY

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