401 E TWELFTH STMedford, OR97501

$2,990,000
$252,420 annual income
Capitilization Rate: 5.74
Acres1to3
Elementary School: Jackson
Middle School: McLoughlin
High School: Central Medford
Zoning: 707 MHP
562 days on market

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Recent price drop$160,000
Time on market562 days
401 E TWELFTH ST (1 of 1)

Property Description

PRICE DROP!!!! $2,990,000.The 12th Street Mobile Home Park is an established all age community comprised of mobile homes, RV?s, and stick built apartment units. Situated on 2.07 acres, 12th Street Mobile Home Park has a central location in Medford, Oregon adjacent to Bear Creek and the Bear Creek Greenway Trail. An investor will experience high occupancy along with a history of proven income. The demand for affordable housing has never been higher!

{{ compliance-logo }}Listing Provided By Columbia Equity Advisors

Financial Data

Price ChangeDropped $160,000 on 04/01/2023
Total $410,000 drop
Original Price$3,400,000
Current Price$2,990,000
Property Taxes$10,650

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Home Facts

StatusActive
Year Built1970
Exterior Features
MLS ID22187083
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