MLS#220207373
See MLS for full details.
This attractive offering features a 37-site RV park built in 2020. This park is complemented by four on-site studio apartments, all conveniently situated in the heart of Burns, OR.
This is a great investment opportunity to acquire a well-established, income-generating property at nearly a 5% cap rate.
This property has the amazing benefit of being hooked to city water and sewer, which is very rarely available. Which means no wells or septic systems to maintain.
The Property boasts an array of desirable amenities, including a nice combination of 30 and 50 amp full underground hookups at every site. All sites are level and graveled. The road is gravel with two built-in speed control features. Two restrooms with showers, high-speed fiber optic internet, security cameras, Wi-Fi and a fenced pet relief area. This property is low maintenance with dry climate landscaping.
Investing in this RV park presents a compelling opportunity to capitalize on Harney County's year-round outdoor appeal and benefits from the region's year-round tourism appeal.
Proximity to prime fishing, bird watching and various other recreational activities. Close to Hwy 20 which is the main east/west thorough fare through the center of Oregon.
Current owners run this amazing property remotely with a long-term on-site manager who takes care of the daily tasks. Owners specialize in developing, operating for 5 years to prove the property, then sell. Seller currently uses Campspot for their reservation system.
Whether you're looking to expand your investment portfolio or step into a wonderful hospitality venture, this park has it all: high visibility, strong seasonal draw, and tons of repeat business.