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Sold for $2,330,000 on 04/14/25
  • Listed by: 

    SHELLEY HENDERSON cell:503-881-7399,

    Copper Rock Real Estate

    Bought with: Non-Member Sale
    $2,330,000

    6029 Salmon River Hwy, Otis, OR 97368

    --beds
    --baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $2,369,900 Zestimate®
    $--/sqft
    $1,813 Estimated rent

    Owner options

    List your home for rent

    $1,813/mo

    Rent Zestimate®

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    $1,813/mo

    Rent Zestimate®

    Refinance and save

    $14,091/mo

    Est. payment

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    $14,091/mo

    Est. payment

    What's special

    Tremendous investment opportunity in this 41 unit RV park with multiple campsites on 7+ acres on the Salmon River. The RV sites are consistently rented with very little vacancy (less than 1% in the last 5 years). 2024 CAP is 7.34. 2025 CAP should be 7.95 There is an onsite laundry and restroom. Less than 15 minutes north of Lincoln City.

    Zillow last checked: 7 hours ago

    Listing updated: April 14, 2025 at 09:05pm

    Listed by:

    SHELLEY HENDERSON cell:503-881-7399,

    Copper Rock Real Estate

    Bought with:

    Unrepresented Buyer

    Non-Member Sale

    Source: WVMLS,MLS#: 821410MLS Logo

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No

    Community & neighborhood

    Location
    • Region: Otis

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell