19921 Whales Head Road, Brookings, OR 97415

$5,900,000
Property Type: Commercial Sale Lot Size (sq. ft.): 1,785,960 Status: Closed
Current Price: $5,900,000 List Date: 2/21/2015 Last Modified: 11/01/2024

Overview

Description

SOLD ONLY. Without exaggeration, you can clearly see that this property is arguably the best located and most scenic mobile home park in Oregon. In comparing Whaleshead Beach Resort with the Top 100 Sam's Park and Resorts, I didn't see a park with better features, e.g., located near multiple gold courses, a casino and numerous Oregon coastal attractions. These features are in addition, of course, to the most scenic ocean views on 43 beautifully landscaped acres. Qualified investors, I would encourage you to tour the park and accept an invitation for a free two night stay in an Ocean View Cottage at the resort.

Listing Details MLS# 102953514

General Property Information

# of Units Total
10
Year Built
1991
Zoning
RC
Tax Annual Amount
3138
Tax Year
2012
Sign On Property YN
No

Property Features

Construction Materials: Frame Cooling: Wall/Window Unit(s) Heating: Forced Air; Natural Gas Roof: Composition Flood: N/A Structure Type: Manufactured House Water Source: Well Documents on File: Profit and Loss Statement; Rental Agreement; Schedule of Tenants Listing Terms: Assumable; Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
19921
Street Name
Whales Head
Street Suffix
Road
County
Curry
State
OR
Postal Code
97415

Contract Information

Original List Price
5900000
Listing Contract Date
2015-02-21

Remarks and Miscellaneous

Public Remarks
SOLD ONLY. Without exaggeration, you can clearly see that this property is arguably the best located and most scenic mobile home park in Oregon. In comparing Whaleshead Beach Resort with the Top 100 Sam's Park and Resorts, I didn't see a park with better features, e.g., located near multiple gold courses, a casino and numerous Oregon coastal attractions. These features are in addition, of course, to the most scenic ocean views on 43 beautifully landscaped acres. Qualified investors, I would encourage you to tour the park and accept an invitation for a free two night stay in an Ocean View Cottage at the resort.
Directions
10 minutes or 8 miles north of Brookings, Oregon on the Pacific Coast Highway.

Status Change Information

Close Date
2015-02-13
Under Contract Date
2014-08-08
Status Change Timestamp
2015-02-21
Close Price
5900000

More Information

Income and Expenses (Annual Amounts)

Cap Rate %
11.5
Cap Rate Basis
Proforma

Miscellaneous Information

UGB
Outside
Listing Office: Keller Williams Realty Southern Oregon
Last Updated: November - 01 - 2024
Information deemed reliable but not guaranteed.