87551 E Beach Loop LaneBandon, OR97411

$699,000
14 total units
$74,345 annual income
1500 sq. ft
2.57 acres
Elementary School: Ocean Crest Elem
Middle School: Harbor Lights Middle
High School: Bandon Sr High
Zoning: Commercial
352 days on market

VestorFilter™

Price per unit$49.9K/unit
Price per ft²$466.00/ft²
Recent price drop$50,000
Price per acre$272K/ac
Time on market352 days
87551 E Beach Loop Lane (1 of 1)

Property Description

Trouble-free investment! 14-unit mobile home park, all tenant owned mobiles. Includes about a dozen storage units that are almost all rented. Over 6% cap on 2022 actuals. Professionally managed. Buyer to co-operate with seller's 1031 exchange. Seller is a principal broker in Oregon.

Financial Data

Price ChangeDropped $50,000 on 07/07/2023
Total $50,000 drop
Original Price$749,000
Current Price$699,000
Property Taxes$3,448

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Home Facts

StatusActive
Year Built1970
MLS ID220164431
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