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Property profile & analytics
OFF-MARKET
Commercial real estate

44892 State Route 21 Wilbur, WA 99185

Built 1984
Property ID
US90-1115013
Property summary
AI-generated overview

This exceptional investment opportunity presents the River Rue RV Park, a thriving 96-site RV park nestled on over 13 acres of land boasting breathtaking views of Lake Roosevelt. The property includes a substantial 2-acre area dedicated to boat storage, catering to the recreational needs of guests. Six additional tent camping sites provide further accommodation options. A significant advantage is the inclusion of a nearby marina, enhancing the overall appeal and convenience for park residents. The property also features a versatile 2,000-square-foot mixed-use building, currently configured as a retail store and a residential apartment. This provides additional income streams and operational flexibility. Further enhancing the income potential are four newly constructed, contemporary modular units, each measuring 700 square feet and featuring one bedroom and one bathroom. These units are ideally suited for leasing or short-term rentals via platforms like Airbnb. A valuable asset included in the sale is a transferable liquor license, subject to the successful completion of the required background check. The seller is offering a substantial $100,000 credit towards the purchase price, making this an even more compelling investment proposition. Located in Wilbur, Washington, this established RV park is perfectly positioned to capitalize on the growing popularity of outdoor recreation and RV tourism in the Pacific Northwest. This turnkey operation presents a rare opportunity to acquire a well-established and profitable business with significant growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 1984
UPID US90-1115013
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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