24828 State Highway 38, Elkton, OR

Others for Sale - $1,550,000 - 12,141 Sq. Ft. on 8.5 acres


Agent Info

Christopher Pfau
Coldwell Banker Pro West Real Estate

Property Info

CIMLS#1188902
Location
  24828 State Highway 38
  Elkton OR 97436
UpdatedApril 30th, 2026
TypeOthers
Price$1,550,000
Building12,141 Sq. Ft.
Land8.5 acres

Property Description

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.


Financials