Osprey Point RV Resort — Sale in Lakeside, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lakeside, OR 97449
  • Year built: 1995

Photos

Osprey Point RV Resort — Sale in Lakeside, OR, photo 1 of 7
Osprey Point RV Resort — Sale in Lakeside, OR, photo 2 of 7
Osprey Point RV Resort — Sale in Lakeside, OR, photo 3 of 7
Osprey Point RV Resort — Sale in Lakeside, OR, photo 4 of 7
Osprey Point RV Resort — Sale in Lakeside, OR, photo 5 of 7
Osprey Point RV Resort — Sale in Lakeside, OR, photo 6 of 7
Osprey Point RV Resort — Sale in Lakeside, OR, photo 7 of 7

Investment Figures

Cap rate
6.42%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer for sale Osprey Point RV Resort, a premier lakefront RV and recreation destination at 1505 N Lake Road in Lakeside, Oregon. Set along Tenmile Lake across four parcels totaling roughly 58.15 acres, the asset features 141 market rate RV spaces, 16 tent spaces, 5 cabins, 30 tenant storage spaces, 20 self storage units, a fully operating restaurant and bar, and a boat dock and moorage included in the sale, plus development land previously approved for up to 60 additional spaces with system development charges already paid. The property delivers strong, diversified cash flow across RV rent, lodging, storage, recreation, and a full restaurant and bar with 5 video lottery machines, one of the only dining options for miles. On site amenities include an arcade, a convenience store, a meeting hall and lodge, dog walking trails, and boat rentals and fishing on the lake. RV spaces offer full hookups with 50 amp electric and free WiFi, and the site is served by city water and a hybrid septic system with city hookup. Recent improvements include paving and sealing, security upgrades, dock repair, added storage, and cabin remodels. Positioned just off Highway 101, the resort sits adjacent to Tenmile Lake County Park and near William M Tugman State Park, with regional draws including The Mill Casino in North Bend, the Oregon Dunes National Recreation Area, and Bandon Dunes. With multiple revenue streams, high barriers to new commercial construction, and an approved path to expansion, the offering suits an owner operator, investor, or developer alike. Investment Highlights: • 141 RV Space Park with Opportunity to Develop Additional 60+ Approved Spaces • Strong Diversified Cash-flow with RV Spaces, Storage, Campground, Cabins, Restaurant, Recreation and more • Boat Launch & Dock onto Tenmile Lake and Four Wheeler Access to Neighboring Sand Dunes • Major Market Area Drivers Include The Mill Casino, Bandon Dunes Golf and Resort, Oregon Dunes Recre

Market Context

This multifamily in Lakeside, OR is listed for sale. It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1995. Compare it against other multifamily listings for sale in Lakeside, OR — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in Oregon