Michelle Berkham

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Listing provided courtesy of Columbia Equity AdvisorsMLS# 785385602MLS Provider
  • 2 days on site
  • 1 views

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities'no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park's open area. Furthermore, Rocks Trailer Court qualifies for Oregon's maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.

Source: Regional MLS, MLS#: 785385602

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  • Property Type
    Residential Income
  • Lot
    1.00 acres

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Michelle Berkham

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  • Median Age
    37
  • Population Density
    60
  • College Educated
    35%
  • Estimated Median Income
    $51,230
  • Estimated Total Home Owners
    4,299
  • Estimated Total Renters
    2,772
  • Owner / Renter Divide
    61% / 39%
  • Estimated Average Household Size
    2
  • Total Population
    17,388
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/27/2026Source: Regional MLS Added to Database
June 27, 2026