Discover South Fork Mobile Park, a charming community situated at the foothills of the Cascades. Boasting a Gross Rent Multiplier of 4.46, this property generates nearly $30,000 in monthly income. With an 8.05% Cap Rate based on YOY Expenses & CURRENT rents, there's plenty of opportunity to increase returns further through RUBS implementation. Under the current ownership, South Fork Mobile Park has undergone significant improvements to benefit both residents and the wider community.
Sold for $1,500,000
Listed by: Smi Real Estate • JORDAN SPARKS • Contact: 541-646-0650
Bought with: Smi Real Estate
$1,500,000
3224 Highway 20, Sweet Home, OR 97386
79beds
34baths
--sqft
Multi Family
Built in ----
-- sqft lot
$1,013,900 Zestimate®
$--/sqft
$1,608 Estimated rent
Home value
$1,013,900
$740,000 - $1.46M
$1,608/mo
Zestimate® history
Owner options
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$1,608/mo
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$1,608/mo
Rent Zestimate®
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$7,416/mo
Est. payment
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$7,416/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate
Bought with:
CODY FRESHOUR
Smi Real Estate
Source: WVMLS,MLS#: 802992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 79
- Bathrooms: 34
Features
- Has fireplace: No
Property
Lot
- Size: 3.94 Acres
Details
- Zoning: C2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Sweet Home
Financial & listing details
- Annual tax amount: $15,148
- Price range: $1.5M - $1.5M
- Date on market: 2/14/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Land Sales Contract
- Exclusions: Tenant Personal Property
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2023 | Pending sale | $1,600,000+6.7% |
Source:  RMLS (OR) #23050661 Report a problem | ||
| 12/1/2023 | Sold | $1,500,000-6.3% |
Source:  WVMLS #802992 Report a problem | ||
| 9/5/2023 | Contingent | $1,600,000 |
Source: WVMLS #802992 Report a problem | ||
| 7/14/2023 | Listed for sale | $1,600,000-5.9% |
Source: WVMLS #802992 Report a problem | ||
| 5/9/2023 | Contingent | $1,700,000 |
Source: WVMLS #802992 Report a problem | ||
| 3/22/2023 | Listed for sale | $1,700,000 |
Source: WVMLS #802992 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97386
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Nearby schools
GreatSchools rating
- 7/10Foster Elementary SchoolGrades: K-6Distance: 1.5 mi
- 5/10Sweet Home Junior High SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Sweet Home High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Foster
- Middle: Sweet Home
- High: Sweet Home
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Linn County
- Sweet Home
- 97386
- 3224 Highway 20
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