Rogue Valley Village_Property for Sale
Rogue Valley Village_Property for Sale
3761 South Pacific Highway, Medford, OR, 97501, US

Rogue Valley Village

Asset Description

JLL, as the sole and exclusive agent, has been retained to offer the opportunity to acquire Rogue Valley Village (the “Property”), a 5.07-acre manufactured housing community development site located in Medford, Oregon. Current ownership has developed preliminary plans for 76 sites (67 MFH, 9 RV sites) including engaging with the County and receiving preliminary approval. The Property resides between Highway 99 and Interstate 5, the primary arterial connecting Washington, Oregon, and California. Demand for manufactured housing continues to improve as new supply is limited, primarily due to challenges obtaining the proper zoning and necessary entitlements. The asset class has experienced strong occupancy stability and rent growth. The compelling narrative created by favorable investor returns, and growing need for affordable living options, continues to attract attention from institutional and private capital further driving value.


*Subject to final design by new ownership and Jackson County approval. Type 1 permit expires December 2025

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Attributes

Asking price
€3,050,000
Number of units
76 units
Land area gross
2.05 ha

Media

Investment Highlights

  • Attractive alternative asset class
  • Favorable high-density zoning
  • Convenient access with immediate connectivity
  • High demand for affordable housing
Rogue Valley Village 4_Property for Sale
Rogue Valley Village 4_Property for Sale

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Last updated
22 Mar 2024