15781 NE North Shore Rd Specialty Building Offered at $2,700,000 at a 5.90% Cap Rate in Tahuya, WA 98588

The Summertide Resort and Marina! The only boat launch/marina in Tahuya,
WA.
Featuring 22.3 acres with 8 rental cottages/mobile/units/2 campers, 18 RV
sites, camping sites, 21 boat and trailer parking, owners unit, groundkeeper
unit, general store, laundry and showers, a private boat launch with 26
seasonal boat slips, no bank waterfront, 600' of private docking (28 docks total
of which 16 have been replaced) with 2 deep water mooring buoys & 240' of
beachfront with tidelands right on Hood Canal facing South, of which 20+ acres
of land for future expansion and development. Directly across from Alderbrook
Resort & Spa.
See the pride of ownership and major capital improvements made to the
property within the last few years with $150,000 pier remodel, septic upgrades,
electrical upgrades, interior renovations of cottages, dock replacements,
additions of campsites, road improvements and drainage, appliance upgrades
and more.
Enjoy paddle boarding, kayaking, feasting on oysters, clams, salmon, crab, and
mussels while watching scenic waters and wildlife. Just a ferry ride or 1.5 hour
drive from Seattle.
Property generates income through Airbnb and direct bookings (approximately
May through September), RV Park rentals, Marina/Boat Moorage, General
Store, Camp Grounds, Boat/Trailer Storage.
Plenty of value-add opportunities for generating additional income and
expansion for future development and amenities such as private undeveloped
homesite for an owners cabin, sport/pickleball court and a mapped future hiking
trail system with 2 miles of wooded trail through untouched forest.
Bring your vision and enjoy the beautiful life at Summertide Resort.
See the pride of ownership and major capital improvements made to the property within the last few years with $150,000 pier remodel, septic upgrades, electrical upgrades, interior renovations of cottages, dock replacements, additions of campsites, road improvements and drainage, appliance upgrades and more.
Enjoy paddle boarding, kayaking, feasting on oysters, clams, salmon, crab, and mussels while watching scenic waters and wildlife. Just a ferry ride or 1.5 hour drive from Seattle.
Property generates income through Airbnb and direct bookings (approximately May through September), RV Park rentals, Marina/Boat Moorage, General Store, Camp Grounds, Boat/Trailer Storage.
Plenty of value-add opportunities for generating additional income and expansion for future development and amenities such as private undeveloped homesite for an owners cabin, sport/pickleball court and a mapped future hiking trail system with 2 miles of wooded trail through untouched forest.
Bring your vision and enjoy the beautiful life at Summertide Resort.