SOLD | 4130 Silverton Rd NE, Salem, OR 97305

Details
PriceCall for details
Full-Hookups107
RV Storage Units45
Acres10
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Phoenix RV Park presents an exceptional investment opportunity in the heart of Salem’s thriving real estate market. This meticulously maintained property spans approximately 10 acres and boasts 107 full-hookup RV sites, along with 45 covered RV storage spaces. With a focus on month-to-month long-term renters, complemented by a reserved capacity of 15-18% for summer daily and weekly guests, this investment offers stability and growth potential. Originally constructed in 1989 and subsequently updated with all-new infrastructure in 1999, Phoenix RV Park combines modern amenities with a tranquil atmosphere.

This opportunity would best serve a new owner by converting the park to a full long-term RV park. The current owners are able to garner $700 per month during non-peak months and $1,000 during June, July and August. A shift in the business model to a full MTM park would generate similar income streams and reduce the expenses significantly. This park benefits from high demand in the Salem housing market and will continue to demand high rents due to the location and the pristine condition of the park.

SMI Real Estate and Tyson Cross, Broker Licensed in the State of Oregon and Washington represented the buyer and seller in this transaction.

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