11425 Upper Applegate Road

Description:

Bigfoot Acres is back on the market through no fault of the property -- two prior buyers reached contract at this pricing, and the seller is now focused on closing with a qualified buyer who can perform. The asset speaks for itself: a stabilized, 100% occupied 23-space MH and RV park on 10.19 acres in Southern Oregon's Applegate Valley, with a current rent roll of $25,077/month ($300,924 annualized) after recent turnover brought rents to market. 2025 NOI of $219,855 produces a 12.6% trailing cap rate at the $1,750,000 offering price, with a fully-loaded institutional pro forma still penciling near 11.8%. The Oregon FAIR Plan wildfire policy is being bound on the property this week, removing the largest diligence variable on a rural Southern Oregon park before closing. Infrastructure has been upgraded throughout, with capacity sized for potential expansion. Full OM, rent roll, and prior diligence file available to qualified buyers upon NDA.

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Listing ID: a99dd5f3-9ab7-4678-9235-6d90bec7f81f