3009 109 Rt - Hospitality FOR SALE


Copalis Beach, WA 98535
$2,700,000 USD
360-789-5114
3009 109 Rt, Copalis Beach, WA for Sale
$2,700,000 USD
Hospitality - FOR SALE
1/36
null | Request Cap Rate

3009 109 Rt
Copalis Beach, WA 98535


HIGHLIGHTS

  • Expandable resort operation with 20 individual condos
  • In Opportunity Zone
  • Seller financing

OVERVIEW

Ocean Front Resort between Ocean Shores and Seabrook on the Pacific Coast of Washington State. Was a profitably run resort several years ago. Now it needs new owner operator to reinvigorate the business. Several options for new owner... run as resort, expand and sale individual condos, operate as monthly/yearly rentals. Seller financing available with $1.2 million down payment, 20 year term, 6% interest with 3 year cash out. 20 individual condos plus 2 apartments and 2 studios. Room for expansion.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$159 USD /SF

# OF ROOMS

20

PRICE/ROOM

$135,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beachwood Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

30

LAND DETAILS

LAND ACRES

15.7 AC

LAND SF

683,892 SF

ZONING

R3

APN/PARCEL ID

709000000200,709000000300,709000000400,709000000500,709000000600,709000000700,709000000800,709000000900,709000001000,709000001100,709000001200,709000001400,709000001500,709000001600,709000001700,709000001800,709000001900,709000002000,709000002100

ASK ABOUT THIS PROPERTY

Jim DonahoeWindermere Real Estate Ocean ShoresMore Info
360-789-5114

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Jim DonahoeWindermere Real Estate Ocean ShoresMore Info
360-789-5114

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