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284 Collins Rd - Ada Resort

3,725 SF Specialty Building Offered at $1,771,775 CAD at a 6.39% Cap Rate in Westlake, OR 97493

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Investment Highlights

Private & Secluded Location on 1.95 Pristine Acres
General Store, 2 Houses, 26 Full Hook Up RV Spaces
Breathtaking Lake Views

Wind Protected and Sunny Point on Beautiful Siltcoos Lake
Private Boat Ramp and Dock
Iconic Lakefront Resort

Executive Summary

WELCOME TO PARADISE!! Pacific Properties is Pleased to Present to Qualified Buyers this Unique Opportunity to Purchase this Beautiful RV Park Resort in a Private & Secluded Location on 1.95 Pristine Acres, Perfectly Situated Along a Wind Protected and Sunny Point on Beautiful Siltcoos Lake. Ada Resort Store & RV Park Consists of a General Store, 2 Houses, 26 Full Hook Up RV Spaces (approved for 62), Recreational & Fish Cleaning Building, Large Manager House with Workshop, Boat Launch and Large Private Dock with Boat Slips. Short Term Tenancy Cabin is a Cute and Clean 2 Bedroom, 1 Bath with "Bunk House Porch" Featuring a Full Kitchen and Large Deck Overlooking the Lake, Fully Furnished and Nicely Appointed with Quaint Fixtures & Finishes. Long Term Tenants Stay in a Very Nice 2 Story Home with a Full Kitchen and a Nice Living Room with INCREDIBLE Lake Views and a Large Deck. Large Manager's House is a 2 Bedroom, 1 Bath, a Large Living Area with Huge Windows for Breathtaking Lake Views, Featuring a Workshop and Bonus Room Below. Amazing Setting with Mature Landscaping Leading Down to the Private Boat Ramp and Dock. TRULY A ONCE IN A LIFETIME OPPORTUNITY to Purchase this Iconic Lakefront Resort and Restore it to its Former Glory. PRICED TO SELL!! Call Today for Your Private Tour...and MAKE SURE TO WATCH THE VIDEO/VIRTUAL TOUR LINK ON THIS PROPERTY!!

Property Facts

Price	$1,771,775 CAD	Lot Size	1.56 AC
Price Per SF	$476 CAD	Building Size	3,725 SF
Sale Type	Investment or Owner User	No. Stories	2
Cap Rate	6.39%	Year Built	1982
Property Type	Specialty	Parking Ratio	16.64/1,000 SF
Property Subtype	Trailer/Camper Park Specialty Marina	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B

Price	$1,771,775 CAD
Price Per SF	$476 CAD
Sale Type	Investment or Owner User
Cap Rate	6.39%
Property Type	Specialty
Property Subtype	Trailer/Camper Park Specialty Marina
Building Class	B
Lot Size	1.56 AC
Building Size	3,725 SF
No. Stories	2
Year Built	1982
Parking Ratio	16.64/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.