755 Marine Dr Point Roberts, WA 98281-8602
Exceptional opportunity to acquire the Blackfish Resort, a luxury hotel development project situated in Point Roberts, Washington, along the US/Canada border. Priced at $5,350,000, this 28-key hotel boasts a prime oceanfront location with a remarkably small 38-foot setback from the high tide mark. The property is uniquely positioned less than an hour from Vancouver, BC, providing access to a substantial market of over 2.6 million people. Point Roberts' secluded location, surrounded by water on three sides and accessible by road, air, or sea, adds to its exclusivity. Construction has already begun, with permits secured and foundational work underway. A highly experienced local development team is in place to ensure project completion. The seller is open to assisting with the transition to ensure a smooth handover for the new owner. A comprehensive HVS study is available upon request. This represents a rare chance to acquire a partially completed luxury hotel in a unique and desirable location. Detailed information is available in the offering memorandum.
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Point Roberts Homes LLC Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RC · Point Roberts, WACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.