Current Use by Public Records
- Mobile home & RV parks
Property Details for 6791 Wa-106
- Year built
- 1985
- Lot size
- 1.75 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Land
Description
This exceptional 1.75-acre commercial property in Union, Washington, presents a lucrative investment opportunity. Located on Hood Canal with 160 feet of waterfront, the property boasts three established RV sites currently operating at 100% occupancy, generating a Pro-Forma NOI of $138,647 and a 23% Pro-Forma Cap Rate. The asking price is $599,000, offering a strong return on investment. Included is a high-end fifth-wheel RV consistently renting for $350 per night. The property is commercially zoned and features owned tidelands, presenting potential for oyster farming. An existing structure, previously a successful espresso stand, offers additional development potential. With its existing income stream and significant expansion possibilities, this property is poised for substantial growth. Built in 1985, this free-and-clear property offers a rare chance to acquire a thriving waterfront business with immediate cash flow and significant upside. The property is located at 6791 WA-106, Union, WA 98592, in Mason County.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Union
- County
- Mason
- State
- Washington
- Longitude
- -123.074
- Latitude
- 47.3486
