$1,550,000
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24828 State Highway 38 Elkton, OR 97436
12,141 SqFt
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,141 sqft
Price per Sqft $126
MLS Listing ID 220213354
Sold Date 07/06/26
Year Built 1972
Annual Tax Amount $5,306
Lot Size 8.500 Acres
Acres 8.5
Lot Dimensions 8.5
Property Description
awyer Rapids RV Park is a rare riverfront RV and lodging property on approximately 8.5 acres along a premier stretch of the Umpqua River. The property is widely known among anglers for exceptional salmon, steelhead, and smallmouth bass fishing, and for a scenic riverfront setting that draws repeat visitors year after year. The park offers a diverse mix of RV sites, park-owned manufactured homes, three riverfront Airbnb cabins, and seasonal campsites, supported by multiple on-site revenue streams within a true destination retreat.
Guests enjoy direct river access, a public boat ramp, and proximity to the Umpqua Valley and the Oregon Coast recreation corridor. Park-wide fiber optic internet installed in 2024 enhances appeal to remote workers and extended-stay guests. Trailing 12-month Net Operating Income is approximately $145,114, representing an implied cap rate of approximately 9.4 percent at the asking price. Seller financing is available.
Location
State OR
County Douglas
Direction From I-5, take Exit 136 toward Elkton. Follow OR-138 west to Elkton, then turn left onto OR-38. Continue approximately 0.5 miles. Property is located along the river side of the highway.
Rooms
Basement None
Interior
Interior Features Wired for Data
Heating Ductless, Electric, Heat Pump, Other
Cooling Ductless, Central Air, Heat Pump
Exterior
Parking Features Assigned, Gravel, RV Access/Parking, Shared Driveway, Storage, Workshop in Garage, Other
Waterfront Description River Front
Roof Type Composition,Metal
Building
Foundation Concrete Perimeter, Pillar/Post/Pier, Slab, Other
Water Well, Other
Level or Stories One, Two
Structure Type Frame,Unknown
New Construction No
Others
Senior Community No
Tax ID M84239
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
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