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920 W Walnut St, Condon, OR 97823

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For Sale

$499,000

2 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 2 acres
    Lot size

Explore this Property

Here is your opportunity to get into a trending asset type with a proven history, strong upside and minimal maintenance. The Condon RV Park includes 21 full hook-up sites that are spread over two, 1 acre commercial lots situated on the edge of town next to the rolling wheat fields that the area is loved for. All sites are separately metered and include 50 amp connections. The property also includes a two bed, one bath stick built home that is currently rented as well as a utility building consisting of a public laundromat, two full bathrooms with showers and a storage shed. The lot is mostly gravel providing for ease of maintenance, and there is open space on the west side for additional spaces or other development potential. Two of the spaces are occupied by tenant owned manufactured homes, one space has a park-owned manufactured home and the rest are available for nightly, weekly and monthly RV travelers. Along with the real estate comes two note receivables on the tenant owned homes. Rents have not been raised for multiple years, which makes for additional upside to an incoming buyer. The laundromat is the only one in the area and draws from a wide circle. Shade trees and even a few fruit trees line the park and provide much appreciated shade for guests during the heat of summer. This property has a strong and diverse set of income streams that help balance out the seasonal nature of RV travelers, and very low overhead expenses. If you are looking for that real estate investment that keeps on giving without requiring full-time attention, you have found it!
MLS# 11351064

Courtesy Of Rim Rock Properties LLC

(541) 620-4242

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    2 Acres

Map and Directions

Directions to 920 W Walnut St, Condon, OR 97823

Home seller CENTURY 21 Showcase, REALTORS®, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Showcase, REALTORS®, Inc.

(541) 882-2121
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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