156 Ollis Road, Cave Junction, OR 97523
- $1,199,900
- List Price
- $1,199,900
- Status
- ACTIVE
- Days on Market
- 42
- MLS#
- 220162641
- Architectural Style
- Other
- Year Built
- 1960
- Lot Size
- 435,600
- Acres
- 10
- Subdivision
- N/A
- Neighborhood
- N/A
Property Description
29-space RV Park on ten acres including private beautiful home with swimming pool on Illinois River on back five acres. Riverfront home currently vacant, was rented for $1725; market rent estimated at $2400. May have Airbnb potential. RV park also includes a one-bedroom apartment rented for $1250. Park gets some nightly traffic in the summer. Could be improved with marketing campaign. Total 31 units. Private water and septic. Go to park website at https://www.oljorvcampground.com/ for more information and photos. Cap rate of 7% based on 2022 actuals. 2022 Actual Gross was $127,573. 2022 Expenses: 42,564. 2022 NOI: $85,009.
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Additional Information
- Taxes
- $3,942
- Zoning
- Commercial
- Flooring
- Simulated Wood
- Heating
- Electric, Heat Pump
- Air Conditioning
- Heat Pump
- Stories
- One
- Levels
- One
- Roof
- Composition
- Parking Features
- Gravel
- Elementary School
- Evergreen Elem
- Middle School
- Lorna Byrne Middle
- High School
- Illinois Valley High
- View
- River
Courtesy of Peter Eric Martin Real Estate .
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