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    27131 N Us Highway 101 Hoodsport, WA 98548

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    For Sale
    $699,950

    Refreshed inn with rental rooms, RV hookups, near Olympic Park.

    Building Details

    Year built
    1952
    Source: Corcoran

    Listing Agent: Matt Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Inn Near Hood Canal

    This 1.35-acre inn presents an opportunity for motel ownership with short-term rental potential. The property features 4 updated rental rooms, a vintage nightly rental "Gypsy Wagon", and 2 RV hookups. Recent upgrades include new electrical, heaters, paint, carpet, and bathrooms. The property is located across from Hood Canal and near Olympic National Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Hotel & Motel Italian Restaurant Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Moonlight Resort Suites & Sleeps

    Location Insight

    • Map
    • Local Demand
    City
    Hoodsport
    County
    Mason
    State
    Washington
    Longitude
    -123.116234
    Latitude
    47.442234

    FAQs

    What type of property is this?
    Motel - Refreshed inn with rental rooms, RV hookups, near Olympic Park.
    Where is this motel located?
    The property is located at 27131 N Us Highway 101 Hoodsport, WA.
    What is the asking price?
    The asking price for this property is $699,950.
    What are key features of this property?
    This property features: - Income-generating property with proven short-term rental history.; - Updated rental rooms, vintage "Gypsy Wagon", and RV hookups provide diverse income streams.; - Recent upgrades minimize initial investment and maximize ROI.
    Request Owner's contact information
    27131 N Us Highway 101 Hoodsport, WA 98548
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    Hoodsport, WA 98548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27131 N Us Highway 101 Hoodsport, WA 98548
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