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24828 State Highway 38

$1,550,000

24828 State Highway 38, Elkton, OR 97436

Active
Last Updated: 05/01/2026

12,141 sqft

Building Size

370,260 sqft

Lot Area

Details:
Building Size:    12,141 sqft
Lot Area:    370,260 sqft
Year Built:    1972
MlsNumber:    220213354
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.


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Listing ID: 16d4e8b4-ad9f-4c2b-a9f3-6413dfe13764
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