44892 State Route 21, Wilbur, WA 99185
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
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