24828 State Highway 38, Elkton, OR 97436 | MLS #220213354 | Berkshire Hathaway HomeServices Northwest Real Estate
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Listing provided courtesy of Coldwell Banker Commercial Professional Group- MLS# 220213354MLS Provider

24828 State Highway 38Elkton, OR 97436

Commercial · 12,141 Sq. ft. | 8.50 Acres
$1,550,000 Pending

24828 State Highway 38 Overview

Time on Site:
176 days
Visits:
6

awyer Rapids RV Park is a rare riverfront RV and lodging property on approximately 8.5 acres along a premier stretch of the Umpqua River. The property is widely known among anglers for exceptional salmon, steelhead, and smallmouth bass fishing, and for a scenic riverfront setting that draws repeat visitors year after year. The park offers a diverse mix of RV sites, park-owned manufactured homes, three riverfront Airbnb cabins, and seasonal campsites, supported by multiple on-site revenue streams within a true destination retreat. Guests enjoy direct river access, a public boat ramp, and proximity to the Umpqua Valley and the Oregon Coast recreation corridor. Park-wide fiber optic internet installed in 2024 enhances appeal to remote workers and extended-stay guests. Trailing 12-month Net Operating Income is approximately $145,114, representing an implied cap rate of approximately 9.4 percent at the asking price. Seller financing is available.

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24828 State Highway 38 Facts & Features

  • Type Commercial
  • Sq. ft. 12,141
  • Price/Sq.ft. $128
  • Lot 8.50 Acres

Details

General

Income/Expenses

  • Gross Income: 215290.0
  • Operating Expense: 95348.0

Building Information

  • New Construction: false
  • Year Built: 1972

Location/Region

  • County Or Parish: Douglas

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 5306.0
  • Tax Year: 2025

General Information

  • Exclusions: All tenant-owned personal property. Seller’s personal property not used in park operations.
  • Inclusions: All park-owned improvements, cabins, equipment, fixtures, and personal property used in park operations. Asset list available in the documents section.
  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: M84239
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Other
  • Building Area Total: 12141.0

General Information

  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Carpet,Concrete,Laminate,Tile,Vinyl,Other
  • Foundation Details: Concrete Perimeter,Pillar/Post/Pier,Slab,Other
  • Interior Features: Wired for Data
  • Levels: One,Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Assigned,Gravel,RV Access/Parking,Shared Driveway,Storage,Workshop in Garage,Other

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 8.5
  • Lot Size Area: 8.5
  • Lot Size Square Feet: 370260.0
  • Lot Size Units: Acres
  • Road Surface Type: Gravel
  • Water Source: Well,Other

Waterfront/View

  • View: Mountain(s),River,Territorial
  • Waterfront Features: River Front
  • Waterfront: true

Building Exterior/Construction

  • Attached Garage: false
  • Body Type: Single Wide,Double Wide
  • Construction Materials: Frame,Unknown
  • Roof: Composition,Metal

General Information

  • Number Of Units Total: 9
  • Other Structures: Mobile Home,RV/Boat Storage,Shed(s),Storage,Workshop,Other
  • Road Frontage Type: Private Access
  • Sewer: Septic Tank,Standard Leach Field

24828 State Highway 38 Neighborhood

Community

97436 (Elkton) Demographics

57
Median Age
7
Population Density (per sq. mile)
33%
College Educated
$56,250
Estimated Median Income
251
Estimated Total Home Owners
87
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

24828 State Highway 38 Monthly Cost

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* 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.

24828 State Highway 38 Market Data

Based on the last 30 days in this zip code

$805,875
Average List Price
$337
Average Price per Square Foot
1
Properties Sold
230
Average Days on Market
8
Properties for Sale
Calculations provided by Reliance Network

24828 State Highway 38 History

Date Event Value Agent
6/22/2026Source: Oregon Datashare Status Change
Pending
1/4/2026Source: Oregon Datashare Added to Database
January 04, 2026