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:
Sawyer Rapids RV Park is a rare riverfront RV and manufactured home community situated on approximately 8.5 acres along a highly regarded stretch of the Umpqua River. The property is widely known among outdoor enthusiasts for exceptional fishing, scenic beauty, and a relaxed riverfront setting that draws repeat visitors year after year. The park offers a diverse mix of RV sites, manufactured home spaces, short-term cabin rentals, and seasonal campsites, supported by multiple on-site revenue streams within a true destination retreat. Guests enjoy direct river access, a peaceful setting, and proximity to the Umpqua Valley and the Oregon Coast recreation corridor. Park-wide fiber optic internet installed in 2024 enhances appeal to modern travelers, remote workers, and extended-stay guests. Based on revised in-place operations, the property reflects an estimated 2025 Net Operating Income of approximately $119,900, representing an implied capitalization rate of approximately 7.7 percent.
Listing ID: 16d4e8b4-ad9f-4c2b-a9f3-6413dfe13764
Location
Gallery
