Multifamily Property For Sale - Westgate Cabins & RV Park

20803 Pacific Highway, Ocean Park, WA, 98640

 
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Westgate Cabins & RV Park

 

20803 Pacific Highway

Ocean Park, Washington 98640
County: Pacific
 
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  For Sale Active  
Type:Multifamily
Mobile Home/RV Community
No. Spaces:39
Lot Size:3.31 Acres
Price:$1,500,000
Price/Space:$38,462
Year Built:1950
Date Last
Verified:
1/8/2009
Property ID:15398598
 
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 Additional Information 

Property Description:
Opportunity knocks! Resort development land and/or existing Ocean front RV Park with 31 regular spaces plus 8 oceanfront spaces, 6 cabins (3 oceanfront) a 2 BD 1 BA Ocean view house with extra storage rooms, a single wide manufactured home, recreation room, 2 clam cleaning rooms, a horseshoe pit, 2 sheds and a garage...with open space to spare. All buildings are in good condition and the Park has many loyal clients who return each year. Resort zoning allows for use as is, or for future development. No sign on property at sellers' request.

Location Description:
On the Long Beach Peninsula, this is an Ocean Front RV Park with Resort zoning in a popular vacation community. Business is seasonal, with many events year round that attract visitors year after year such as; clam tides, Kite Festival, Rod Run, Oyster Festival, etc. During the off season, many such establishments choose to rent month to month at a reduced rate.

Commission Split:2.5%
TaxID/APN:11110932055
 Highlights 
Ocean Front!6 Rental Cabins
 
2 BD 1 BA Ocean View HomeRecreation Room and Laundry Room
 
2 clam cleaning roomsResort Zoning
  Financial Summary   
No Cash Flow Information Provided
 
  Space Mix Information
Ocean Front
No. Spaces: 8
Avg. Mo. Rent: $375
 
Lower Level
No. Spaces: 31
Avg. Mo. Rent: $345
 
Cabins 1-3 (each sleeps 4)
 
Cabin 4 (sleeps 6) oceanfront
 
Cabins 5-6 (each sleeps 4) oceanfront
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
10/20/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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