Columbia River Marina Investment
For Sale
$1,150,000
Pending
6105 Willow Grove Rd, Longview, WA 98632
Operational marina on the Columbia River with strong income potential.
Property SizeContact for details
Days on Market142
Property Features for 6105 Willow Grove Rd
General Information
Standard status
Pending
Taxes and HOA fees
Annual Taxes
$7,100
Listing Agency:
Coldwell Banker Bain
(360) 425-3020
Listed By:
Richard Arkell
(360) 425-3020
Source:
Exprealty
Added: Apr 13
Changed: Aug 20
Last Checked: Aug 30 at 11:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Bain
Investment Insights
Based on property information with market context.
This fully operational marina on the Columbia River presents a rare ownership opportunity, offering strong income and long-term upside. The waterfront asset is well-positioned and features 29 covered slips and 21 open moorage spaces, accommodating various boating needs and ensuring consistent tenant demand. Multiple income streams enhance the property, including an income-producing floating home and a separate rental residence, diversifying revenue beyond moorage. A community center, complete with a bathroom and utility room, adds convenience for tenants and enhances the marina's overall appeal. Ample on-site parking provides ease of access and functionality for slip holders and guests. The property delivers an 11% cap rate, making it an investment opportunity in a desirable recreational corridor. This marina combines location, scale, and income potential.
Key Highlights
- High 11% Cap Rate: Delivers an impressive return on investment.
- Multiple Income Streams: Includes moorage, a floating home, and a separate rental residence.
- Prime Waterfront Location: Situated on the iconic Columbia River.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 98632, WA
50,721
Population
21,787
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
121.4 sq mi
ZIP Area
418
Density / Sq Mi
$64,705
Median Household Income
$40,928
Median Earnings
$1,142
Median Rent
$355,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Marina - Operational marina on the Columbia River with strong income potential.
Where is this marina located?
The property is located at 6105 Willow Grove Rd Longview, WA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High 11% Cap Rate: Delivers an impressive return on investment.; Multiple Income Streams: Includes moorage, a floating home, and a separate rental residence.; Prime Waterfront Location: Situated on the iconic Columbia River.
