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1521 Willms Rd - The Camden Ranch
9,716 SF Speciality Building Offered at £2,151,738 at a 6.11% Net Initial Yield in Elk, WA 99009
Investment Highlights
- Turnkey wedding venue & Christmas Tree farm with darling Christmas Store
- Wedding venue can accommodate 300 guests, private bridal & groom suites, prep kitchen, outdoor ceremony area, and ample parking
- Sitting on 215 acres, this is truly a once-in-a lifetime investment opportunity
- Updated 3 bed/2 bath rancher with full basement
- Rated one of the best wedding venues in the Spokane area according to 5 star reviews
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £2,151,738 | Property Subtype | Lodge/Meeting Hall |
| Price Per SF | £221 | Lot Size | 215.00 AC |
| Sale Type | Investment or Owner User | Building Size | 9,716 SF |
| Net Initial Yield | 6.11% | Number of Floors | 2 |
| Sale Conditions | Business Value Included | Year Built/Renovated | 1950/2021 |
| Property Type | Speciality | Opportunity Zone |
Yes
|
| Price | £2,151,738 |
| Price Per SF | £221 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 6.11% |
| Sale Conditions | Business Value Included |
| Property Type | Speciality |
| Property Subtype | Lodge/Meeting Hall |
| Lot Size | 215.00 AC |
| Building Size | 9,716 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1950/2021 |
| Opportunity Zone |
Yes |
About 1521 Willms Rd , Elk, WA 99009
Welcome to The Camden Ranch! Sitting on 215 acres in scenic Elk Washington, this fully turnkey wedding venue and working Christmas Tree farm is a once-in-a lifetime investment opportunity! The property includes an updated 3 bed/2 bath rancher with full basement, a darling Christmas Store, Wedding venue, and 2 additional shops for office & storage purposes. The home has been updated with LVP flooring, shiplap wall accents, wood-burning stove, updated bathrooms, and granite kitchen countertops with stainless steel appliances. The wedding venue features a huge banquet & dancing hall that can accommodate 300 guests, private bridal & groom suites, prep kitchen, an outdoor wedding ceremony area, ample parking, and is rated one of the best wedding venues in the Spokane area according to 5 star reviews. The Christmas Store is what dreams are made of and has just about every type of holiday decor that you would need. The opportunity to own a your own hobby ranch may only come around once in a lifetime!
zoning
| Zoning Code | NR20 |
| NR20 |
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1521 Willms Rd - The Camden Ranch
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