703 18TH ST, La Grande, OR 97850
- $790,000
- List Price
- $790,000
- Price Change
- ▼ $10,000 1785229035
- Days on Market
- 32
- MLS#
- 785385602
- Property Type
- Multifamily
- Lot Size
- 1 to 2.99 Acres
- Region
- Union County
- Status
- ACTIVE
Property Description
Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.
/u.realgeeks.media/mrodriguezhomes/Screenshot_2026-06-08_162804.png)
Additional Information
- Tax Amount
- $2,857
- Year Built
- 1950
- High School
- La Grande
- Elementary School
- Other
- Middle School
- La Grande
- Acres
- 1
- Terms
- Call Listing Agent, Cash, Contract, Conventional, Owner Will Carry
- Fuel Description
- Electricity
- Heating Description
- None
- Hoa Rent Includes
- None
- Exterior Description
- Other
- Sewer Description
- Public Sewer
- Parking
- Off Street
- Parking Description
- Off Street
- Number Of Units Total
- 17
- Unit Type One Rent
- 600
- Unit Type One Units Total
- 17
Mortgage Calculator
Listing courtesy of Columbia Equity Advisors.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.