52660 US-97 Highway, La Pine, OR 97739
$2,225,000
Property Type:
Commercial Sale
Square Footage:
1,188
Lot Size (sq. ft.):
94,525
Status:
Closed
Current Price:
$2,225,000
List Date:
4/18/2024
Last Modified:
2/10/2026
Overview
Description
Listing Details MLS# 220180734
General Property Information
- Building Area Total
- 1188
- Building Area Source
- Other
- Building Area Units
- Square Feet
- # of Units Total
- 47
- Year Built
- 2005
- New Construction YN
- No
- Zoning
- CMX
- Tax Annual Amount
- 8078.5
- Tax Year
- 2023
- CC&R's YN
- No
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Additional Features:
3 Phase Electric; ADA Comply; Bath Common Area; Common Area; Laundry Facility; Manager's Quarters; Office Space; Separate Electric Meters; Tanks in Ground
Body Type:
Double Wide
Common Walls:
No Common Walls
Cooling:
Central Air
Flooring:
Carpet; Laminate
Foundation Details:
Block
Heating:
Electric; Heat Pump
Levels:
One
Roof:
Composition
Security Features:
Carbon Monoxide Detector(s); Smoke Detector(s)
Business Type (AKA Sub Type):
Mobile/Trailer Park; Travel
Owner Pays:
Sewer; Water
Tenant Pays:
Electricity
Easements:
Utilities
Exterior Features:
RV Dump; RV Hookup
Utilities:
Electricity Connected
Lot Features:
Fenced; Level
Miscellaneous Information:
Land Lease; Personal Property/Fixtures/Equipment List Attached
Parking Features:
Asphalt; RV Access/Parking
Road Frontage Type:
Private Access
Structure Type:
Manufactured House
View:
Territorial
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
APOD; Profit and Loss Statement; Schedule of Tenants
Listing Terms:
Cash
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 52660
- Street Name
- US-97
- Street Suffix
- Highway
- County
- Deschutes
- State
- OR
- Postal Code
- 97739
Contract Information
- Original List Price
- 2900000
- Listing Contract Date
- 2024-04-17
- Dual Listing YN
- No
Remarks and Miscellaneous
- Public Remarks
- Newberry RV Park, positioned in Central Oregon on HWY 97, presents the opportunity to invest in 47 full-hookup long-term/short-term RV sites(14 pull-through and 33 back-in). The Park is on city sewer & water & has been well maintained. Spaces include amenities including 30 & 50 AMP service(tenants are billed for electrical use), water & sewer hookups, & WiFi access. There is an on-site manager's unit & a dog park. The park's bathrooms, grounds, & infrastructure are in excellent condition. Legacy tenants pay $550/month, while new move-ins go for $850.The Park's operational model accommodates both shortterm visitors and long-term residents, ensuring occupancy and financial stability throughout the year. A new owner has the opportunity to reinvent the space, choosing between maintaining its status as a beloved RV destination (4.5 stars on TripAdvisor) or evolving into a long-term MHP with/ park models.
Status Change Information
- Close Date
- 2024-11-15
- Under Contract Date
- 2024-08-13
- Status Change Timestamp
- 2024-11-15
- Close Price
- 2225000
- Sold Price per SqFt
- 1872.9
More Information
Currently Not Used
- List Price per SqFt
- 2020.2
Business Details
- Business Included?
- Yes
- Business is a Franchise
- No
- Business Name
- RV
- Inventory List Attached
- Yes
- Number of Full Time Employees
- 2
- Number of Part Time Employees
- 2
- Seller to Provide Training
- Yes
- Year Business Established
- 19
- Years Business Owned by Current Owner
- 8
Income and Expenses (Annual Amounts)
- Cap Rate %
- 9.37
- Cap Rate Basis
- Proforma
- Estimated Gross Operating Income $
- 375212
- Estimated Total Expenses
- 150277
- Management Expenses
- 18761
- Net Operating Income
- 224935
Miscellaneous Information
- Personal Property/Fixtures/Equipment
- Rent Roll
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 2
Listing Office:
Fay Ranches, Inc.
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.