24828 State Highway 38
$1,550,000
24828 State Highway 38, Elkton, OR 97436
12,141 sqft
Building Size
370,260 sqft
Lot Area
Details:
Highlights:
- Annual Tax: $ 5306.0
- Age: Over 50 Years Old
- Sewer: Septic
- Water: Well
Description:
awyer Rapids RV Park is a rare riverfront RV and lodging property on approximately 8.5 acres along a premier stretch of the Umpqua River. The property is widely known among anglers for exceptional salmon, steelhead, and smallmouth bass fishing, and for a scenic riverfront setting that draws repeat visitors year after year. The park offers a diverse mix of RV sites, park-owned manufactured homes, three riverfront Airbnb cabins, and seasonal campsites, supported by multiple on-site revenue streams within a true destination retreat. Guests enjoy direct river access, a public boat ramp, and proximity to the Umpqua Valley and the Oregon Coast recreation corridor. Park-wide fiber optic internet installed in 2024 enhances appeal to remote workers and extended-stay guests. Trailing 12-month Net Operating Income is approximately $145,114, representing an implied cap rate of approximately 9.4 percent at the asking price. Seller financing is available.
Listing ID: 16d4e8b4-ad9f-4c2b-a9f3-6413dfe13764
Location
Gallery