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Listing provided courtesy of RE/MAX INTEGRITY CORVALLIS BRANCH: 541-766-2000.

515 Sheridan

Sheridan, OR 97378
  • $1,425,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 826011
UPDATED: 28 min ago
$1,425,000
  • 0
    BEDS
  • 1.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Listing provided courtesy of RE/MAX INTEGRITY CORVALLIS BRANCH: 541-766-2000. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

Low maintenance community is perfect for self management with solar lighting and all utilities paid by the homeowner/tenants. 13 spaces are rented at $565/mo while the 14th includes the home rental at $1360 a month. All infrastructure was installed in 2019 and the home started installations in 2020 park has been full since competion with no vacancy loss. Owner is not interested in carrying a contract will accept cash or a finance offer. Self managed cap rate is 6.78% Property Managed is 6.25%.

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Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-03-28T09:08:59.28.
www.willamettevalleyhouses.com/homes/160977314
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515 Sheridan Sheridan, OR 97378

  • Price: $1,425,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 28 min ago
  • MLS #: 826011
0
Beds
0
Baths
0
½ Baths
1.48
Acres
2019
Built
Neighborhood:
Os Outside 4 County Area
County:
Yamhill
Area:
Os Outside 4 County Area
Property Description
Low maintenance community is perfect for self management with solar lighting and all utilities paid by the homeowner/tenants. 13 spaces are rented at $565/mo while the 14th includes the home rental at $1360 a month. All infrastructure was installed in 2019 and the home started installations in 2020 park has been full since competion with no vacancy loss. Owner is not interested in carrying a contract will accept cash or a finance offer. Self managed cap rate is 6.78% Property Managed is 6.25%.
Exterior Features

Access Paved Building1 Info Space #4 1 Bedroom1 Bath 559 Sq Ft home Fenced Partial Railroad No Siding CompositeShingle Signage Yes Trailer Parking No View Water Frontage

Property Features

Adjusted Gross Income 104460 Assessments Or Liens No Cap Rate 6.26 Commercial Type Special Purpose Confidentiality Agreement Required No Cross Street SE Clark Expenses Actual Or Projected Projected Flood Plain Yes Gross Sched Income 104460 High Speed Comm Access Present Insurance 629 Janitor Lawn 1092 Mgmt Acct 7312 Net Income 89259 New Construction No Owner Managed No Owner Occupied No Possession COE Property Name Hope Village Property Taxes 6167 Property Use Type Investment Seller To Do1031 No Sewer City Source Of Square Feet County Tax Amount 6167 Tax Years 24-25 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 15201 Water CityConnected Zoning R3

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-03-28T09:08:59.28.
 
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Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of RE/MAX INTEGRITY CORVALLIS BRANCH: 541-766-2000. Listing information © 2025 Willamette Valley Multiple Listing Service