Property profile

1408 Gulf Rd Point Roberts, WA 98281

OFF-MARKET
Mobile home & RV parks
Property ID
US90-0928712
1,188 SF 0.6 ac lot Built 1910
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this established 60-pad RV park nestled on a picturesque 4.77-acre lot in Point Roberts, Washington. This well-maintained property boasts individual RV pads, each equipped with 110-120v electrical service and both 50-amp and 30-amp RV electric hookups. Guest convenience is ensured with readily available water, sewer, and common garbage disposal areas. On-site amenities include shared bathroom and shower facilities, creating a comfortable experience for all visitors. A dedicated play area provides a safe and enjoyable space for families. Located in the charming community of Point Roberts, this RV park offers a unique blend of seclusion and proximity to the vibrant Vancouver, BC metro area. Accessible by vehicle via Canada, or by small plane or private boat, Point Roberts' distinctive geography provides a tranquil escape while remaining within reach of major urban conveniences. This property presents a compelling opportunity for investors seeking a high-demand recreational vehicle accommodation in a desirable location. The asking price is $1,800,000. The property is located at 1408 Gulf Rd, Point Roberts, WA 98281, within Whatcom County.

Property profile

Verified
Property type Mobile home & RV parks
Use group CAMPGROUND, RV PARK
Year built 1910
Total area 1,188 SF
Lot 0.6 ac (26,136 SF)
Zoning code STC
APN 405303 008142 0000
UPID US90-0928712

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

1408 Gulf Rd Point Roberts, WA 98281-9027
Point Roberts metro Census 11000 BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.4M
2013
$1.4M

Zoning & alternative use

STC · Point Roberts, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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