MLS# 24638255 – 77851 Highway 216, Maupin, OR 97037 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Wasco Realty.

Property Description

Description

Status: Active

Year Built: 1977

Days on Website: 65

Sweet sweat equity opportunity. Collect rents while bringing life back to solid long term multifamily & RV resort income property. Property is zoned Rural Commercial which allows many possibilities. Short term rental, RV Spots, Cabin & 2 Singlewides all rented long term month to month. HUD approved rental units. 1.32 acres. Room for more RV spots. Storage outbuildings in disrepair. Diamond is the rough opportunity.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

None

Building

Built in 1977

Storage:

IndividualStorageUnits

Stories:

Community

Community Features:

FrontYardLandscaping

Expenses

Operating Expense:

$8,800

Exterior Features

Exterior Description:

MetalSiding,T111Siding

Foundation

Foundation Details:

PillarPostPier,Skirting

Heating

Heating Available

Heating:

ForcedAir,PelletStove

Income

CAP Rate:

11.22

Gross Income:

$31,800

Gross Rent Multiplier:

6.45

Net Operating Income:

$23,000

Listing

Contract Status Change Date:

2024-02-24

Days On Market:

Last Transaction Date:

2024-02-24 17:13:07

List Price:

$205,000

Listing Contract Date:

2024-02-24

Listing Id:

24638255

Mls Status:

Active

Modification Timestamp:

2024-02-24 17:13:07

On Market Date:

2024-02-24

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_355

County Or Parish:

Wasco

Lot

Features:

Level,Trees

Size Acres:

1.32

Size Range:

Acres1to3

Size Square Feet:

57,499

Size:

1 to 2.99 Acres

Miscellaneous

Investor Information:

RentRecords

Parking

Features:

Driveway,RVAccessParking

15 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Property Condition:

Existing

Property View

Zoning:

Roof

Roof:

Metal,Shingle

Schools

High School:

South Wasco

Middle Or Junior School:

Maupin

Elementary School:

Maupin

Sewer

Sewer:

SepticTank,SharedSeptic

Taxes

Annual Amount:

$1,509

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$660

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$650

2 total bathrooms

3 total bedroom

Unit Three

Actual Rent:

$650

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$350

1 total bedroom

Unit Five

Actual Rent:

$400

1 total bedroom

Unit Six

Features:

Storage

Unit Seven

Features:

Storage

Unit Eight

Features:

Storage

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

DSL

Water Source:

Community

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$205,000 -

77851 Highway 216 Maupin , OR 97037

MLS Area Major: _355

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 29, 2024 1:43PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.