Contact Information
RV Park/Campground Details
- Price: $5,265,000
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 7.0%
- Listing ID: 3969095
- Posted On: Nov 8, 2023
- Updated On: Nov 8, 2023
Description
River Run RV, Pacific Coast Premier RV Park is a newly constructed RV Resort in Cosmopolis, WA. Located on the famous Pacific Coast Highway 101, just 50 miles to the Olympic National Park. (20 Miles from Westport, WA and 40 miles from Olympia, WA).
This RV resort consists of 81 total sites, 57 of which were built in 2021 and 24 Riverfront Sites that were completed October 1st. The Community is serviced by City Services with all new water & sewer lines.
Amenities include Laundromat, shower and restrooms, ice/propane sales and office with copy, fax and scanning services as well as a One Bedroom Apartment that rents out for $2,500/month or could be used as Owner Residence.
Location
Access off one of the most Famous Pacific Coast Highway 101 which is traveled by many tourists that stretches from Washington to California Coast. The property lies next to the Chehalis River, 50 miles from Olympic National Park, WA and just 20 miles to Ocean Shores, Westport, WA. RV is a short walk from the Chehalis River Boat Launch, 18-hole Highlands Golf Course and the Basich Trailway along Mill Creek.
River Run lies in Grays Harbor County, Washington. The city is the economic center of Grays Harbor County, bordering the cities of Hoquiam and Aberdeen, referred to as the "Gateway to the Olympic Peninsula”.
Amenities
- Laundromat
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 81 |
| Year Built: | 2021 |
| Average RV Lot Rent: | $850 |
| Size: | 5.8 acre(s) |
Financial Information (Actual)
| Gross Income: | $572,956 |
| Operating Expense: | $203,571 |
| Net Operating Income: | $369,386 |
| Expense Ratio: | 35.5 % |
Utility Information
| Water: | City |
| Sewer: | City |
