2651 Mill Creek DriveProspect, OR97536

$899,900
19 total units
$100,000 annual income
7500 sq. ft
16.46 acres
Elementary School: Check with District
Middle School: Check with District
High School: Check with District
Zoning: RS
420 days on market

VestorFilter™

Price per unit$47.4K/unit
Price per ft²$119.99/ft²
Recent price drop$50,099
Price per acre$54.7K/ac
Time on market420 days

Property Description

So much potential for this 19-unit (9 Mobile sites fully rented) and 10 RV spaces with power, water and sewer to the sites. 16+ acres to work with means that several acres remain undeveloped in the back for possible expansion (buyer to check with Jackson County for development possibilities and allowed uses). There's also potential room for a few more spots to build-out in the front portion of the property which seller has started but not completed. Laundry & shower room. Recently upgraded onsite water system and seller will soon have leases in place for the convenience store/gas station and restaurant. Just up the hill from recreation haven Lost Creek Lake, and on the way to numerous outdoor recreation areas, including Crater Lake, the property is strategically situated and a proven money maker.

Financial Data

Price ChangeDropped $50,099 on 10/04/2023
Total $250,000 drop
Original Price$1,149,900
Current Price$899,900
Property Taxes$5,860

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Home Facts

StatusActive
Year Built9999
MLS ID220158855