This is from the site Bring a Trailer (https://bringatrailer.com/) ...
This 1982 Honda CR480R was sold new in New Jersey and is finished in Tahitan Red with a black seat and yellow plate panels. The bike was recently acquired by the selling dealer, and work under prior ownership is reported to include a rebuild of its air-cooled, 472cc 2-stroke single, which is paired with a four-speed transmission. This CR480R is now offered at no reserve by the selling dealer in Alabama with an owner’s manual, shop manuals, and a bill of sale.
The bike is finished in Tahitan Red with a black seat and yellow plate panels. The CR480R was introduced for 1982 as a replacement for the CR450 Elsinore and incorporated several magnesium parts for added weight saving. Close-up photos are provided of the finish, graphics, and componentry.
Factory-equipped suspension includes Kayaba (KYB) air-adjustable front forks with three compression damping adjustments and a Pro-Link rear fork featuring damping adjustments and 12″ of travel. The spoked wheels are fitted with front and rear drum brakes and measure 21″ in diameter at the front and 18″ at the rear.
Power comes from an air-cooled, 472cc 2-stroke single that produced 51 horsepower when new and was reportedly rebuilt in 2019 by the previous owner. Power is sent to the rear wheel via a four-speed transmission.
The warranty registration, owner’s manual, and period shop manuals are provided with the motorcycle. A cold startup is demonstrated below.