4425 W Main Street, Medford, OR 97501
$6,250,000
Property Type:
Commercial Sale
Square Footage:
9
Lot Size (sq. ft.):
370,260
Status:
Closed
Current Price:
$6,250,000
List Date:
6/02/2021
Last Modified:
11/04/2024
Overview
Description
Listing Details MLS# 220123979
General Property Information
- Building Area Total
- 8.5
- Building Area Source
- Assessor
- Building Area Units
- Acres
- # of Units Total
- 69
- Year Built
- 1887
- New Construction YN
- No
- Zoning
- RR-5
- Tax Annual Amount
- 19064.77
- Tax Year
- 2020
- CC&R's YN
- No
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Additional Features:
Common Area; Laundry Facility
Body Type:
Single Wide; Double Wide
Common Walls:
No Common Walls
Construction Materials:
Unknown
Cooling:
Other
Flooring:
Other
Foundation Details:
Other
Heating:
Other
Levels:
One
Roof:
Composition
Existing Lease Type:
Month To Month
Business Type (AKA Sub Type):
Mobile/Trailer Park
Owner Pays:
Common Area Maintenance; Sewer; Water
Tenant Pays:
Electricity
Easements:
Access
Exterior Features:
RV Dump; RV Hookup
Utilities:
Electricity Connected
Lot Features:
Sprinklers In Front
Parking Features:
Other
View:
Mountain(s)
Sewer:
Public Sewer
Water Source:
Well
Documents on File:
Maintenance Records; Profit and Loss Statement; Rental Agreement; Well Data
Listing Terms:
Cash; Conventional; FHA; USDA Loan; VA Loan
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 4425
- Street Dir Prefix
- W
- Street Name
- Main
- Street Suffix
- Street
- County
- Jackson
- State
- OR
- Postal Code
- 97501
Contract Information
- Original List Price
- 6250000
- Listing Contract Date
- 2021-05-24
Remarks and Miscellaneous
- Public Remarks
- An amazing investment opportunity! Cobblestone Mobile and RV Park is located in beautiful Southern Oregon, just 1.5 miles to Jacksonville. It is a very sought after 55 and over manufactured home park, with 40 manufactured homes, 26 RV spaces, and one frame built home. The average age of the homes is 2003 in Cobblestone and the park is 7.67 acres. The Historical Bybee House is also listed with this property and is a separate tax lot. The two story beautiful 1887 built Bybee House is a 2400 sq foot home that has been fully restored. There are three rental incomes coming from the Bybee property. The 500 sq foot historical water tower has also been renovated and both structures are fully furnished. The Bybee property is an additional .83 acres and is directly adjacent to Cobblestone. A unique and wonderful property!
Status Change Information
- Close Date
- 2021-05-24
- Under Contract Date
- 2021-05-24
- Status Change Timestamp
- 2021-06-02
- Close Price
- 6250000
- Sold Price per SqFt
- 735294.12
More Information
Currently Not Used
- List Price per SqFt
- 735294.12
Business Details
- Business Included?
- No
Income and Expenses (Annual Amounts)
- Cap Rate %
- 3.6
- Estimated Gross Operating Income $
- 376080
- Estimated Total Expenses
- 96106.56
- Net Operating Income
- 279973.44
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 16
- # of Carports
- 40
Listing Office:
John L. Scott Medford
Last Updated: November - 04 - 2024
Information deemed reliable but not guaranteed.