401 Parkway Dr - Multi-Family FOR SALE


Rock Island, WA 98850
$3,000,000 USD
509-410-1990
401 Parkway Dr, Rock Island, WA for Sale
$3,000,000 USD
Multi-Family - FOR SALE
1/12
null | 8.83% Cap Rate

401 Parkway Dr
Rock Island, WA 98850


HIGHLIGHTS

  • With the majority of its spaces occupied by long-term residents, Marine RV Park offers investors reliable, recurring income.
  • Located just 15 minutes from Wenatchee, the property benefits from regional tourism, year-round recreation, and a growing local economy.
  • he park includes a blend of 30-amp and 50-amp service, offering flexibility for both long-term tenants and short-term vacationers.

OVERVIEW

Situated in the tranquil community of Rock Island, WA, Marine RV Park offers a unique opportunity to acquire a stabilized RV park asset just outside the high-growth Wenatchee Valley. The park consists of 66 total spaces (36 with 30-amp and 30 with 50-amp service) and is on city water and sewer, providing infrastructure to support a wide range of recreational vehicles. With most spaces leased to long-term tenants and a few reserved for seasonal or short-term travelers, the property captures the best of both rental models: consistent monthly income with the potential for upside during high-demand travel months.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

66

PRICE/UNIT

$45,455

CAP RATE

8.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marine RV Park

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.57 AC

LAND SF

765,349 SF

ZONING

Tourist Commercial

APN/PARCEL ID

10200001502,10200001700,41500001701

ASK ABOUT THIS PROPERTY

Mason FiasconeMultifamily MasonMore Info
509-410-1990

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Mason FiasconeMultifamily MasonMore Info
509-410-1990

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