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
UpdatedMarch 14th, 2026
TypeOthers
Price$1,550,000
Building12,141 Sq. Ft.
Land8.5 acres

Property Description

Sawyer Rapids RV Park is a rare riverfront RV and manufactured home community situated on approximately 8.5 acres along a highly regarded stretch of the Umpqua River. The property is widely known among outdoor enthusiasts for exceptional fishing, scenic beauty, and a relaxed riverfront setting that draws repeat visitors year after year. The park offers a diverse mix of RV sites, manufactured home spaces, short-term cabin rentals, and seasonal campsites, supported by multiple on-site revenue streams within a true destination retreat. Guests enjoy direct river access, a peaceful setting, and proximity to the Umpqua Valley and the Oregon Coast recreation corridor. Park-wide fiber optic internet installed in 2024 enhances appeal to modern travelers, remote workers, and extended-stay guests. Based on revised in-place operations, the property reflects an estimated 2025 Net Operating Income of approximately $119,900, representing an implied capitalization rate of approximately 7.7 percent.


Financials