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Data Last Updated: 07/15/2026 21:33 PT
$800,000
20days on market
Your local expert: Nate Brantley
Send a tour request for 703 18TH ST, La Grande, OR, 97850.
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This home sits in La Grande. Built in 1950.
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.
Legal description
703 18th Street, La Grande, Oregon
data provided by Walk Score®
