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.
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
What's special
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#: 821410