24828 State Highway 38, Elkton, OR 97436
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24828 State Highway 38, Elkton, OR 97436
24828 State Highway 38, Elkton, OR 97436
24828 State Highway 38, Elkton, OR 97436
24828 State Highway 38, Elkton, OR 97436
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Jared Hambrook

Jared Hambrook

+1(503) 930-2124
$ 1,550,000
Est. payment /mo
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24828 State Highway 38 Elkton, OR 97436

12,141 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,141 sqft

Price per Sqft $127

MLS Listing ID 220213354

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

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Coldwell Banker Commercial Professional Group

NEARBY SCHOOLS & PROPERTIES

Jared Hambrook

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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24828 State Highway 38

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