Klamath Falls, OR Property For Sale and Lease

• Most affordable industrial property ($/sf) in Klamath Falls

• Owner User or Investor Purchase opportunity

• Building can easily be demised into three separate units

• Property consists of 2 parcels

• Potential for double digit return

• 4 Grade Level Drive-In Doors

• Power: 400 Amps 3 Phase

Residential Property

13221 Crystal Springs Road | Klamath Falls, OR

• 9.37 acres

• 3,815 SF

• Year Built: 1956/1972

• 4 bed, 4.5 bath

• 2 car garage

• Property taxes: $3,562.86/yr

• Features: Courtyard, Patio, boathouse shed, garage workshop, art studio or workout room, paved driveway and access, concrete flooring

• Rooms: Bonus room, dining room, enclosed porch/patio, kitchen, laundry, living room,

Crystal Springs Ranch

Land Across Crystal Springs Road

• 21.1 acres

• Short drive to Hwy 140 or Hwy 39

Tingley Lake Estates is a well-cared for 55+ Community located in Klamath Falls, Oregon. The Property consists of 40 mobile homes sites (all tenant owned), 14 monthly RV Sites and sits on a 39.09-acre lot.

Tingley lake is currently dry due to 3 record years of droughts, further investigation is needed into possible alternatives for filling the lake or potential redevelopment of the lake area. Sales price is only base on current income not pro forma.

Current Space rents are $480-$520, with all mobile sites tenant owned. Lot rent includes water (well) and sewer (septic) and garbage. Electricity and cable are directly billed to tenants. The last rent increase was for $40 that went into effect January 2024. The 14 RV spaces are currently rented on long-term monthly basis at $495/month with electricity sub-metered and billed monthly.

Upside includes raising rents, advertising RV storage area as it is currently offered for tenants use at no charge and potential expansion of RV as sellers have approved plans for additional 15 RV spaces.