RV Park/Campground Details

• Purchase Method: Seller Financing
• Cap Rate: 7.4%
• Listing ID: 4100421
• Posted On: Nov 30, 2023
• Updated On: Mar 28, 2024

Location

Situated at the crossroads of Interstate
82 and Interstate 84, Hermiston enjoys a
strategic location just 7 miles south of the
majestic Columbia River, Lake Wallula, and
the McNary Dam. It has become a bustling
hub for logistics and data center activity. A
$950 million data center project in nearby
Umatilla, Oregon, spearheads a growing
trend of server farm construction in the
eastern part of the state. Sabey, a major
commercial real estate firm, plans to build
a 100-megawatt data center on a 60-acre
site, strategically located near Amazon's
two larger data center projects in the same
city. This uptick in interest from large data
center operators is driven by factors like
the region's low risk of natural disasters,
ample power supply, and affordable land.
Oregon's favorable tax structure for data
centers, including property tax exemptions
of up to 15 years, has positioned the
state as a top destination. As Umatilla
evolves as a data center hub, its ability to
negotiate favorable agreements enhances
economic growth while benefiting the local
community.
Hermiston offers a range of activities and
attractions to keep RV guests entertained.
Outdoor enthusiasts can explore the
picturesque Riverfront Park, which features
open grassy spaces and over 2 miles of
paved walking trails along the scenic
Umatilla River. The park is perfect for
picnics, leisurely strolls, or simply soaking
in the serene natural beauty of the area. For
those seeking a more active adventure, the
Oxbow Trail offers a 1.8-mile paved walking
path that winds through protected wetland
areas, connecting Riverfront Park to the
north side of town near Good Shepherd
Medical Center.

Amenities

• Laundromat
• Storage
• Bathhouse
• Wifi