703 18TH ST, La Grande, OR 97850

  • $790,000
  • $800,000

Overview

  • 1950
    Year Built
  • MultiFamily
    Property Type
  • 785385602
    MLS#
  • 1 Acres
    Land Area
  • Columbia Equity Advisors
    Office Name
  • Jim Reiter
    Agent Name

Description

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase – significantly outperforming the 6% cap imposed on larger parks.

Details

Updated on July 28, 2026 at 3:44 am
  • MLS# 785385602
  • Price $790,000
  • Land Area 1 Acres
  • Garage Size x x
  • Year Built 1950
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Columbia Equity Advisors
  • Agent Name Jim Reiter
  • Office Phone 503-913-1943

Additional details

  • Listing Terms Call Listing Agent, Cash, Contract, Conventional, Owner Will Carry
  • Sewer Public Sewer
  • Heating None
  • County Union
  • Property Type MultiFamily
  • Parking Off Street
  • Elementary School Other
  • Middle School La Grande
  • High School La Grande

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