16427 Vista Hills Dr, Brookings, OR 97415

$1,800,000

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Property Description

Rare Brookings Investment Opportunity! Vista Hills is a well-established 55+ mobile home community situated on approximately 3.39 acres in a beautiful, park-like setting. The property includes 17 mobile home spaces plus a single-family residence, with annual income currently exceeding $116,000. Current space rent is $495 per month and includes water, sewer and trash for tenants. Mature trees and landscaping surround a spacious central greenbelt, while a horseshoe-style paved drive provides access throughout the community and adds to the open, welcoming feel. The included 1,104 sq ft residence, built in 1977, offers 2 bedrooms, 1.5 baths, a brick fireplace, large deck and a 2-car garage beneath the home-providing additional flexibility for an owner, manager or rental income. Mobile home parks are a unique investment opportunity, particularly in a coastal community where housing continues to be in demand. Located in Brookings on Oregon's beautiful southern coast, residents enjoy the area's mild climate and easy access to fishing, hiking, beaches, rivers and outdoor recreation. An opportunity to acquire an established income-producing property with multiple revenue sources, attractive grounds and long-term investment potential.

16427 Vista Hills Dr | MLS# 295624758

This commercial property located at 16427 Vista Hills Dr, Brookings, OR 97415 is currently listed for sale with an asking price of $1,800,000. Search Brookings real estate on drueripp.bendpremierrealestate.com today.

Property Features

Property Type: Commercial -
Fuel Type: Electricity
Heating: Baseboard
Lot Size: 3.79 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $5,282
Year Built: 1977
Square Feet: 1,728

Feature Descriptions

Days on Site: 13
Gross Income: $116412.00 (Actual)
Loading Information: NoLoadingFacilities
Miscellaneous Features: Sign
Operating Expenses: $59408.00 (Actual)
Parking Notes: OnSite
Present Use: MultiFamily, Other
Road Surface: Gravel, Paved
Sewer: Public Sewer
Special View Info: Ocean, Territorial, Trees/Woods
Truck Door: None
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Century 21 Agate Realty
Agency Phone: 541-469-2143

Shown By

Agent Name: Drue Ripp, Broker
Agent Phone: Cell: (541) 668-0339
Agency Title: Bend Premier Real Estate

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