Description
Bigfoot Acres is a stabilized mobile home and RV park investment in the scenic Applegate. The 10.19-acre property includes 23 total units: 13 park-owned manufactured homes, 5 stick-built homes, and 5 RV spaces, all separately metered (except RVs). The park is well maintained with on-site management and ongoing capital improvements completed over time. Recent tenant turnover has allowed in-place rents to reflect current market conditions. Infrastructure includes 6 septic systems, 2 wells, and a 5,000-gallon holding tank, with key well system components upgraded in recent years. The property also includes a large shop and future expansion potential for additional MH or RV sites (buyer to verify). Strong financial performance with documented NOI of approximately $198,000 (2024) and $220,000 (2025). Based on current rents, a 2026 pro forma indicates an estimated NOI of approximately $229,000, representing a ~13% cap rate at the $1,725,000 asking price.
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0BEDS
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10.19ACRES
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01/2 BATHS
School Ratings & Info
Description
Bigfoot Acres is a stabilized mobile home and RV park investment in the scenic Applegate. The 10.19-acre property includes 23 total units: 13 park-owned manufactured homes, 5 stick-built homes, and 5 RV spaces, all separately metered (except RVs). The park is well maintained with on-site management and ongoing capital improvements completed over time. Recent tenant turnover has allowed in-place rents to reflect current market conditions. Infrastructure includes 6 septic systems, 2 wells, and a 5,000-gallon holding tank, with key well system components upgraded in recent years. The property also includes a large shop and future expansion potential for additional MH or RV sites (buyer to verify). Strong financial performance with documented NOI of approximately $198,000 (2024) and $220,000 (2025). Based on current rents, a 2026 pro forma indicates an estimated NOI of approximately $229,000, representing a ~13% cap rate at the $1,725,000 asking price.
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