703 18TH ST, La Grande, OR 97850
- $790,000
- $800,000
703 18TH ST, La Grande, OR 97850
- $790,000
- $800,000
Overview
- 1950
- MultiFamily
- 785385602
- 1 Acres
- Columbia Equity Advisors
- Jim Reiter
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
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Price $790,000
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Land Area 1 Acres
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Garage Size x x
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Year Built 1950
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Property Type MultiFamily
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Property Status Active
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Office Name Columbia Equity Advisors
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Agent Name Jim Reiter
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Office Phone 503-913-1943
Additional details
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Listing Terms Call Listing Agent, Cash, Contract, Conventional, Owner Will Carry
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Sewer Public Sewer
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Heating None
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County Union
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Property Type MultiFamily
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Parking Off Street
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Elementary School Other
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Middle School La Grande
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High School La Grande
Walkscore
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Contact Information
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