Spaces: 69 RV & Tent Sites, 2 Houses and 1 Cabin
Price: $1,750,000.00
Cap Rate: 10

The Elwha Dam RV Park is an expertly managed, family owned, family friendly, RV Park that offers personalized service to campers. This property is a moneymaker and revenue and occupancy continues to grow. The park with 39 RV spaces and 30 tenting spaces is well located on SR 112 a National Scenic By-way and adjacent to the Olympic National Park with lots of recreational opportunities. The town of Port Angles, Washington is about 8 miles away with daily ferry service to Victoria, B.C. and Vancouver Island.

Elwah Dam RV Park has not been neglected but has been constantly updated with sparkling clean facilities including septic mound and chlorinated water treatment systems. The park consists of a total of 16.24 acres with approximately 8 undeveloped acres offering lots of opportunity for growth and diversification. Some possibilities would be to add more onsite recreation opportunities such as a fishing pond or swimming pool. You could also add additional capacity in cabins, yurts, or more RV spaces.

This park offers a solid 10% or better CAP rate when not including the excess land, which offers much opportunity. There is some existing financing and the Seller may carry a small note.