$795,000

1432 NEWMARK Ave, Coos Bay, OR 97420

  • 6,256 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $127/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Pine Cove Estates Mobile home and RV park is a unique investment opportunity featuring 11 mobile home and RV sites 6 unit apartment complex, shop and laundry room. Six RV spaces with tenant owned RV’s and Five Mobile home spaces in which Seller Owns all Of The Mobiles. Situated on .70 acres and conveniently located near community amenities for shopping, schools, community college and park making it a desirable location for families and individuals. All sites offer updated 200 amp service as well as city services. Separate laundry room and shop space allows for additional potential income or expansion. This mobile home park presents an excellent opportunity for investors seeking steady passive income or newcomers eager to enter the real estate investment market. Embrace the chance to invest in a growing community that combines profitability with the natural beauty of the Southern Oregon Coast.. Long Term Tenants/Residents. Low Overhead! Great Investment & Passive Income! Currently Priced @ Approx. 16% Cap Rate.

Listing Status:
Pending
Date Added:
May 8, 2025 at 05:00AM
Listing Office:
Pacific Coast Real Estate & Development, LLC : 541-808-3297
Listing Agent:
Sadena Abell : 541-404-8388
MLS ID:
279434459

This listing courtesy of Sadena Abell, Pacific Coast Real Estate & Development, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sunset School

245 S Cammann St, Coos Bay, OR, 97420

Grades 4-7

0.57 miles away

S

Sunset School

245 S Cammann St, Coos Bay, OR, 97420

Grades 4-7

0.57 miles away

D

Destinations Academy

1255 Hemlock Ave, Coos Bay, OR, 97420

Grades 9-12

2.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.