$3,700,000
$2M PRICE DROP

92252 Cape Arago Hwy Coos Bay, OR 97420

Estimated payment $21,294/month

Total Views 30,950
14 Beds
7 Baths
2,100 Sq Ft
$1,762 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Security System Owned
  • Garage
  • RV Access or Parking
  • Baseboard Heating
  • Laundry Facilities

About This Home

Incredibly rare RV/Mobile home park investment opportunity on the scenic Oregon Coast! The 4 acre park includes 41 RV sites, 17 Mobile home spaces, a large 2 story home, shop, laundry & shower facility. Perfectly located right on the Bay in a high visibility area along the area's coastal destination route. Within minutes to the local beaches, riding ATVs on the dunes, ocean or bay fishing, clamming, crabbing, amazing hiking, plus much more. Buyer to verify info. Drone video

Listing Agent

Gary Trenner II

Coastal Sotheby's International Realty License #201224385 Listed on: 07/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,307

Year Built

  • Built in 1984

Lot Details

  • 4.09 Acre Lot
  • Property Fronts a Bay or Harbor
  • Gated Home
  • Level Lot

Property Views

  • Bay
  • Woods

Home Design

  • Wood Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Security System Owned

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Parking

  • Garage
  • RV Access or Parking

Schools

  • Coos Bay Elementary And Middle School
  • Marshfield High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 381600

Community Details

Building Details

  • Operating Expense $80,566
  • Gross Income $329,750
  • Net Operating Income $249,184

Additional Features

  • 50 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,307

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1984
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Total Bedrooms: 14
  • Lot Size Range: Acres3to5

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3 to 4.99 Acres
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Gated, Level
  • Road Surface Type: Paved
  • Water Body Name: Coos Bay
  • Waterfront Features: BayFront
  • View: Bay,TreesWoods

Garage/Parking

  • Parking Description: Garage, RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecuritySystemOwned
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Coos Bay
  • High School: Marshfield
  • Middle Or Junior School: Coos Bay

Lot Info

  • Zoning: CD-5
  • Lot Size Acres: 4.09
  • Lot Size Sq Ft: 178160.0
  • Parcel #: 381600

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: CableTV, Electricity, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 10306.55

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 50
  • Gross Rent Multiplier: 11.22
  • Annual Gross Income: 329750.0
  • Property Net Operating Income: 249184.0
  • Annual Operating Expense: 80566.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $3,700,000 0.0% $1,762 / Sq Ft
06/17/2025 06/17/25 For Sale $3,700,000 -26.0% $1,762 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
11/01/2023 11/01/23 Price Changed $4,999,000 -7.4% $2,380 / Sq Ft
08/30/2022 08/30/22 Price Changed $5,400,000 -5.3% $2,571 / Sq Ft
07/21/2022 07/21/22 For Sale $5,700,000 -- $2,714 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22383648

Regional Multiple Listing Service (RMLS)