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RV Park

Osprey Point RV

1505 N Lake Rd, Lakeside, OR 97449

Listing Price: $8,000,000

Cap Rate
7.04%
Number of Spaces
131
Lot Size
58.15 acres
Occupancy
75.0%
Price/Space
$61,069
Spaces/Acre
2.25
Year Built
1958

Investment Overview

Marcus & Millichap is pleased to present for sale an exclusive offering opportunity for a premier RV and Recreation Resort, Restaurant, Arcade, and Meeting Hall with Storage, commonly known as Osprey Point RV Resort. Located at 1505 N Lake Road, Lakeside, OR the asset consists of a mix of 131 market-rate RV spaces, 16 tent spaces, 5 cabins, 30 storage spaces to tenants, 20 self-storage units, a fully operating restaurant and bar, boat dock, and additional land for development that has been entitled for 60 additional RV spaces. The site consists of four parcels totaling approximately 58.15 acres of land. The main parcel consists of the RV park and adjacent boat dock and moorage, which is also included in the sale. The park is meticulously maintained complemented by lush green space, trees, a canal, and bordering a pristine lake setting. Patrons are attracted to the asset’s premier location along Tenmile Lake as guests can relax and enjoy the views of the water, be close to nature with trees, or have some fun with water recreation in the form of boat rentals, fishing, and more. Additionally available is on-site bar/night life with lottery and restaurant, dog walking trails, arcade, convenience store, and more.

Investment Highlights

  • 131 RV Space Park with 75% +/- Occupancy and Opportunity to Develop Additional 60+ Approved Spaces
  • Strong Diversified Cash-flow with RV Spaces, Storage, Campground, Cabins, Restaurant, Recreation, and more
  • Idyllic Location Near Highway 101 Along Tenmile Lake, surrounded with Beautiful Water, Trees, and Scenery
  • Major Market Area Drivers Include The Mill Casino, Bandon Dunes Golf and Resort, and Oregon Dunes Recreational Area

Exclusively Listed By

Listing Price: $8,000,000

Cap Rate
7.04%
Number of Spaces
131
Lot Size
58.15 acres
Occupancy
75.0%
Price/Space
$61,069
Spaces/Acre
2.25
Year Built
1958

Investment Highlights

  • 131 RV Space Park with 75% +/- Occupancy and Opportunity to Develop Additional 60+ Approved Spaces
  • Strong Diversified Cash-flow with RV Spaces, Storage, Campground, Cabins, Restaurant, Recreation, and more
  • Idyllic Location Near Highway 101 Along Tenmile Lake, surrounded with Beautiful Water, Trees, and Scenery
  • Major Market Area Drivers Include The Mill Casino, Bandon Dunes Golf and Resort, and Oregon Dunes Recreational Area

Investment Overview

Marcus & Millichap is pleased to present for sale an exclusive offering opportunity for a premier RV and Recreation Resort, Restaurant, Arcade, and Meeting Hall with Storage, commonly known as Osprey Point RV Resort. Located at 1505 N Lake Road, Lakeside, OR the asset consists of a mix of 131 market-rate RV spaces, 16 tent spaces, 5 cabins, 30 storage spaces to tenants, 20 self-storage units, a fully operating restaurant and bar, boat dock, and additional land for development that has been entitled for 60 additional RV spaces. The site consists of four parcels totaling approximately 58.15 acres of land. The main parcel consists of the RV park and adjacent boat dock and moorage, which is also included in the sale. The park is meticulously maintained complemented by lush green space, trees, a canal, and bordering a pristine lake setting. Patrons are attracted to the asset’s premier location along Tenmile Lake as guests can relax and enjoy the views of the water, be close to nature with trees, or have some fun with water recreation in the form of boat rentals, fishing, and more. Additionally available is on-site bar/night life with lottery and restaurant, dog walking trails, arcade, convenience store, and more.

Exclusively Listed By

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