Inland Real Estate Acquisitions, LLC has negotiated and closed the purchase of Phoenix RV Park & Storage, an RV park in Salem, Oregon. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from David Neboyskey, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, completed the deal on behalf of an Inland affiliate. The asset was 92 percent occupied at closing.
“I’m thrilled to acquire Inland’s first RV Park in Oregon complete with RV storage opportunities,” commented Cosenza. “The park’s ideal location within walking distance to local grocery and service-based retail combined with resort-like amenities provide an exceptional experience for residents.”
Located at 4130 Silverton Road NE, the property consists of approximately ten acres with 107 RV sites, 45 RV storage spaces and 12 storage pods. On-site conveniences include full hookups, spacious pull-thru and back-in sites, RV supplies and propane. The park also features amenities such as a clubhouse, a fitness center, a playground and laundry facilities.
