316 1st St Aberdeen, WA 98520-5220
Property Lookup
Property profile & analytics
316 1st St Aberdeen, WA 98520-5220
- Office buildings
- 1,736 SF
- 0.22 lot acres
Property ID
US90-1219088
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 316 1st St
- Year built
- 1994
- Construction
- STEEL FRAME
- Lot size
- 0.22 lot acres
- Property size
- 1,736 SF
- Property type
- Office buildings
- APN
- 29300201000
- APU
- 29300201000
Description
Exceptional investment opportunity: River Run RV Resort, a Class A, 81-space RV park in Cosmopolis, WA (Aberdeen mailing address, zip 98520). This meticulously maintained property boasts 57 RV sites completed in 2021 and a recent 24-site riverfront expansion finished in 2024. The resort features a modern, single-story building housing a one-bedroom apartment (currently rented at $2,500/month), an office, restroom/shower facilities, and laundry amenities. The property sits on 6.34 acres and benefits from new city water, sewer, and electrical services installed in 2021. A US Army Corps of Engineers-built levee ensures riverfront access along the Chehalis River. Turnkey operation is ensured by on-site management and reservation software, with an on-site caretaker receiving free rent and a $1,000/month stipend. The resort maintains a 10-year RV age requirement (2012 and newer) for stays exceeding 30 days. Its prime location offers easy access to Highway 101, Olympic National Park (50 miles), Ocean Shores and Westport (20 miles), and local attractions including a boat launch, golf course, and trailway. Financial highlights include an asking price of $5,950,000, a current NOI of $369,815 (6.22% cap rate), and a pro-forma NOI of $567,739 (9.54% pro-forma cap rate). Each of the 81 pads can accommodate 40-46' Class A luxury RVs, with ample spacing between units. The property's landscaping features black crushed rock and circular driveways. This is a rare opportunity to acquire a high-performing, well-managed RV resort in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Grays Harbor
- State
- Washington
- Longitude
- -123.817
- Latitude
- 46.9777
- CBSA code
- 10140
- CBSA name
- ABERDEEN, WA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,497
$105,300
$141,317
$246,617
-
$105,300
$141,317
$246,617
