42365 DENA LNPortOrford, OR97465

$669,000
$68,827 annual income
770 sq. ft
2.8 acres
Acres1to3
Zoning: C-1
272 days on market
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Price per ft²$868.83/ft²
Recent price drop$30,000
Price per acre$238.9K/ac
Time on market272 days

Property Description

Price Reduction! Situated on the North Bank of Garrison Lake own your own piece of Paradise. This Twelve unit park has 10 full service RV sites and two updated Park owned PM Homes in place. Office building includes a Tool room and Community Shower/bathroom. Quiet and peaceful with Views of the Lake and Humbug Mountain, and only a short walk to the Ocean and Beaches. Long term tenants and low maintenance makes this the Perfect Profitable Income Producing Property as a Smart Investment Opportunity. CAP Rate 7.3 and GRM 10.15. Seller is a licensed Realtor in the State of Oregon. Financials available with non-disclosure agreement.

{{ compliance-logo }}Listing Provided By Neath The Wind Realty, Inc.

Financial Data

Date Sold2023-12-27
Sold Price$615,000
Price ChangeDropped $30,000 on 12/27/2023
Total $30,000 drop
Original Price$699,000
Current Price$669,000
Property Taxes$1,774

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Home Facts

StatusSold
Year Built2000
Garage
MLS ID23302802