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Mason's Olson Resort 444 Front St 17 Room Hotel Sekiu, WA 98381 $5,700,000 ($335,294/Room) 9.38% Cap Rate

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Mason's Olson Resort (Compressed)

Mason's Resort - Untitled Page

Property Facts Under Contract

Price	$5,700,000	Lot Size	11.00 AC
Price Per Room	$335,294	Building Size	26,370 SF
Sale Type	Investment	No. Rooms	17
Cap Rate	9.38%	No. Stories	2
Sale Conditions	1031 Exchange Business Value Included	Year Built	1975
Property Type	Hospitality	Parking Ratio	2.39/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	UC - RESORTS AND GROUP CAMPS (7500)

Price	$5,700,000
Price Per Room	$335,294
Sale Type	Investment
Cap Rate	9.38%
Sale Conditions	1031 Exchange Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	11.00 AC
Building Size	26,370 SF
No. Rooms	17
No. Stories	2
Year Built	1975
Parking Ratio	2.39/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	UC - RESORTS AND GROUP CAMPS (7500)

Restaurant
High Speed Internet Access

Patio
On-Site Bar

Marina
Public Access Wifi

Smoke-Free
Fully-Equipped Kitchen

About 444 FRONT ST , SEKIU, WA 98381

For Sale, Welcome to Mason’s Olsen Resort, an iconic waterfront hospitality property in Sekiu, WA. Located on the scenic Olympic Peninsula along the Strait of Juan de Fuca, this historic resort is the longest-running fishing resort in Washington and one of the oldest sport fishing destinations in the state. The property features a 14 Room Motel, 3 rustic cabins, 30 RV full hookup sites, 60 Dry camp RV sites, tent sites and room for expansion. Beloved by anglers and outdoor enthusiasts, it offers direct access to world-class salmon and halibut fishing. With strong seasonal income, repeat clientele, and potential for year-round operations, glamping, or added amenities, this is a rare opportunity to own a piece of Pacific Northwest history. Don't miss the chance to own a huge piece of fishing history in Sekiu WA! Call Shawn Barton for details 208-329-4610 #fish #fishing #deepseafishing #rvlife #rvliving #beachlife — at Mason's Olson Resort.