2515 Bay Ave - Specialty FOR SALE


Ocean Park, WA 98640
$1,350,000 USD
360-783-2831
2515 Bay Ave, Ocean Park, WA for Sale
$1,350,000 USD
Specialty - FOR SALE
1/38
null | 4.81% Cap Rate

2515 Bay Ave
Ocean Park, WA 98640


HIGHLIGHTS

  • PRICE REDUCED! OWNER CARRY CONTRACT WILL BE CONSIDERED
  • High ground, developed with owner's residence for 36 RV rental sites, nearly 4 acres, zoned R3, level.
  • Enclosed gazebo w/kitchen for tenants to use.

OVERVIEW

Located on the scenic Beach to Bay Trail, Ocean Bay Mobile Home & RV Park offers a prime and low risk investment opportunity. This well-maintained property spans nearly 4 acres and includes 36 spaces with full hook-ups, featuring 5 mobile home spaces and 13 monthly RV rentals. The property has regular inspections and no utility bills for water and sewer. The private water system, certified Class A TNC, includes 2 wells, and all water lines have been upgraded to PVC. The septic system, with 9 newer tanks and 5 drain fields, is certified every 3 years, ensuring seamless maintenance. Ocean Bay Mobile Home & RV Park is a vibrant hub with many weekend visitors. The property features a detached garage/shop with a heated floor system, perfect for storing a classic car. The owner's residence is comfortable, and amenities include a gazebo with a full kitchen, restrooms, showers, a fish cleaning station, a large tenting area, and an acre available for expansion. The loyal residents have been here for a long time, adding to the community's charm. Coastal living at its best with a livelihood is within reach, with SBA and USDA federal loan programs potentially available. The owner is open to carrying contracts. The tax-assessed value of this property is $1,124,500.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

4.81%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popular Coastal 4 Acre RV Park, 2515 Bay Ave

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.89 AC

LAND SF

169,448 SF

ZONING

R3 Resort District

APN/PARCEL ID

12112843035,12112843078,12112843246,12112843298,76008053001,76008054001

ASK ABOUT THIS PROPERTY

Gary McGrewRealty One Group PacificaMore Info
360-783-2831

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Gary McGrewRealty One Group PacificaMore Info
360-783-2831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.