NOT LISTED FOR SALE

6029 Salmon River Hwy Otis, OR 97368

Rose Lodge Neighborhood

Estimated Value: $2,336,761

-- Bed
-- Bath
912 Sq Ft
$2,562/Sq Ft Est. Value

Last Sold April 14, 2025

Last sale price $2,330,000 $2,555 Per Sq Ft

Current estimated payment $13,209/month

213 Days on Market

About This Home

As of April 2025

Tremendous investment opportunity in this 41 unit RV park with multiple campsites on 7+ acres on the Salmon River. The RV sites are consistently rented with very little vacancy (less than 1% in the last 5 years). 2024 CAP is 7.34. 2025 CAP should be 7.95 There is an onsite laundry and restroom. Less than 15 minutes north of Lincoln City.

Last Agent to Sell the Property

Shelley Henderson

COPPER ROCK REAL ESTATE License #201214466 Listed on: 09/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,821

Lot Details

  • 7.19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,821

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: Tremendous investment opportunity in this 41 unit RV park with multiple campsites on 7+ acres on the Salmon River. The RV sites are consistently rented with very little vacancy (less than 1% in the last 5 years). 2024 CAP is 7.34. 2025 CAP should be 7.95 There is an onsite laundry and restroom. Less than 15 minutes north of Lincoln City.
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: R348417
  • Tax Amount: 5821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2009
Sold by
Rgm Equities Llc
Bought by
Salmon River Rv Llc
Current Estimated Value
$2,336,761

Purchase Details

Closed on
Jan 8, 2008
Sold by
Matheny Rory G
Bought by
Rgm Equities Llc

Purchase Details

Closed on
Aug 24, 2007
Sold by
Marcotte Joseph A and Marcotte Jana K
Bought by
Evergreen Partners Llc

Purchase Details

Closed on
Jan 27, 2007
Sold by
Morris Robert
Bought by
Marcotte Joseph A and Marcotte Jana K

Purchase Details

Closed on
Oct 30, 2006
Sold by
Dkl Properties Inc
Bought by
Marcotte Joseph A and Marcotte Jana K

Purchase Details

Closed on
Aug 9, 2006
Sold by
County Of Lincoln
Bought by
Morris Robert T
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salmon River Rv Llc -- Multiple
Rgm Equities Llc -- First American Title Ins Co
Evergreen Partners Llc $16,500 First American Title Ins Co
Marcotte Joseph A $9,550 None Available
Marcotte Joseph A $9,550 None Available
Morris Robert T $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salmon River Rv Llc $60,000
Previous Owner Mende Gene $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $2,330,000 -6.8% $2,555 / Sq Ft
04/02/2025 04/02/25 Off Market $2,500,000 -- --
09/13/2024 09/13/24 For Sale $2,500,000 -- $2,741 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,012 $484,150 -- --
2023 $5,821 $470,050 $0 $0
2022 $5,608 $456,360 $0 $0
2021 $5,199 $443,070 $0 $0
2020 $5,232 $430,170 $0 $0
2019 $5,000 $417,650 $0 $0
2018 $4,940 $405,490 $0 $0
2017 $4,700 $393,680 $0 $0
2016 $4,345 $382,220 $0 $0
2015 $4,262 $371,090 $0 $0
2014 $4,149 $360,290 $0 $0
2013 -- $349,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 821410

Willamette Valley MLS

APN: R348417