1. Oregon
  2. Tillamook
  3. 7475 ALDERBROOK Rd
$2,700,000

7475 ALDERBROOK Rd, Tillamook, OR 97141

  • 10 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon1.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $270,000/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Discover this exceptional investment opportunity in Tillamook Oregon, a family-run mobile home park for over 50 years. Situated right next to Alderbrook golf course, this property offers scenic views and is conveniently located near prime spots for fishing, hunting, hiking, and other outdoor adventures.This property is small but mighty, with 27 spaces, 7 available to bring in brand new homes with new tenants. Factory Expo Homes offer great pricing on park models, starting at $49K and single wides, starting at $59K.Key features include:13 septic systems with 9 tanks and 2 fields replaced through the years with a few being recent. Plans are in place to update the remaining 2.Electric: most overhead, some underground. Water: pipes are black poly and white pvc. Drain fields:2 known, seller can point out for interested parties.Wash house and adjacent shed have been painted recently and the roof was just replaced this summer. Each space has its own electricity with the exception of 4.Current rents: $350 - $625 without electricity $725 with electricity (park owner pays)All new tenants start at $625This mobile home park offers positive cash flow with room for growth. Whether you want to expand or maintain the current operation, this is a solid investment with room to increase profitability.An open space has been used for family to come for a short stay, this could be continued for your family!Seller carried financing options may be available with the right offer. There are three lots with doublewides on them available for sale behind this property to add to your portfolio. Reach out today for more details!

Listing Status:
Active
Date Added:
October 17, 2024 at 05:00AM
Listing Office:
Works Real Estate : 503-714-7053
Listing Agent:
Lauren Johnson : 410-370-9487
MLS ID:
24203465
  • Heating: None

This listing courtesy of Lauren Johnson, Works Real Estate

Monthly Payment

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

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Location

Schools Nearby

L

Liberty Elementary School

1700 9th St, Tillamook, OR, 97141

Grades KG-1

4.05 miles away

T

Tillamook Junior High School

3906 Alder Ln, Tillamook, OR, 97141

Grades 7-8

4.35 miles away

T

Tillamook High School

2605 12th St, Tillamook, OR, 97141

Grades 9-12

4.43 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.