2651 Mill Creek Drive, Prospect, OR 97536

$899,000
7,500
SqFt

Listing courtesy of eXp Realty Southern Oregon.

List Price
$899,000

Property Description

Excellent multi-revenue stream investment opportunity including 15 RV / mobile homes sites, a grocery store, restaurant, and lounge on over 16 acres! This well-maintained approximately 7,500 square ft building has a beautiful setting on Mill Creek Rd, just minutes from Lost Creek Lake on busy Hwy 62. Current owner has store manager also manage the RV / Mobile spaces, which are rented month-to-month. All RVs and mobile homes are on separate electric meters and are the personal property of the tenants and not included in the sale. Plenty of space to expand; check with Jackson county to confirm whether additional RV spaces may be added. Current NOI = $80,000 annually and the CAP rate is 8.9%. Please DO NOT disturb current businesses. Call today to schedule a showing. All listing information deemed accurate but not guaranteed, buyer to do own due diligence.

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