Land for Sale in Condon, Oregon

920 W Walnut St Condon, OR 97823

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$499,000
2 acres
Active sale agoEst $3,577/mo

Here is your opportunity to get into a trending asset type with a proven history, strong upside and minimal maintenance. The Condon RV Park includes 21 full hook-up sites that are spread over two, 1 acre commercial lots situated on the edge of town next to the rolling wheat fields that the area is loved for. All sites are separately metered and include 50 amp connections. The property also includes a two bed, one bath stick built home that is currently rented as well as a utility building consisting of a public laundromat, two full bathrooms with showers and a storage shed. The lot is mostly gravel providing for ease of maintenance, and there is open space on the west side for additional spaces or other development potential. Two of the spaces are occupied by tenant owned manufactured homes, one space has a park-owned manufactured home and the rest are available for nightly, weekly and monthly RV travelers. Along with the real estate comes two note receivables on the tenant owned homes. Rents have not been raised for multiple years, which makes for additional upside to an incoming buyer. The laundromat is the only one in the area and draws from a wide circle. Shade trees and even a few fruit trees line the park and provide much appreciated shade for guests during the heat of summer. This property has a strong and diverse set of income streams that help balance out the seasonal nature of RV travelers, and very low overhead expenses. If you are looking for that real estate investment that keeps on giving without requiring full-time attention, you have found it!

Property details

Coordinates
45.2367, -120.1942
Zoning
Commercial
Elevation
2,887 feet
MLS Number
MyStateMLS 11351064
Date Posted

Parcels

  • 000000-000.000-0000-3000.000

This 2-acre property is located at 920 W Walnut St in Condon, OR 97823 with latitude 45.2367 and longitude -120.1942. The property is currently available for sale for $499,000 with a price per acre of $249,500. Listing data is sourced from My State MLS # 11351064.

Verify sale details or contact Rim Rock Properties at (541) 620-4242.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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