Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

919 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2515 Bay Ave - Popular Coastal 4 Acre RV Park, 2515 Bay Ave

3,000 SF Speciality Building Offered at £1,056,308 at a 4.81% Net Initial Yield in Ocean Park, WA 98640

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

PRICE REDUCED! OWNER CARRY CONTRACT WILL BE CONSIDERED
Enclosed gazebo w/kitchen for tenants to use.

High ground, developed with owner's residence for 36 RV rental sites, nearly 4 acres, zoned R3, level.

Executive Summary

Ocean Bay Mobile Home & RV Park is on the Beach to Bay Trail. This well maintained property includes nearly 4 acres of level land developed into a thriving business that includes 36 spaces w/full hook-ups (including 5 mobile home spaces and 13 monthly RV rentals). All water lines have been replaced with PVC. Septic system includes 9 newer tanks w/5 drain fields, all certified every 3 years. The private water system includes 2 wells & is a Certified Class A TNC system. Detached garage/shop w/heated floor system for storing a classic car. Included: owner's comfortable residence, a gazebo with full kitchen, restrooms, showers, fish cleaning station, a large tenting area and an acre for expansion. Coastal living at its best with a livelihood! SBA and USDA federal loan programs may be available. Tax assessed value $1,124,500. Owner Carry Contract will be considered.

2515 Bay Ave Flyer

TAX ASSESSOR SUMMARY SHEET

360_Property_View 2159002 PCH 5-3-2024

Market Considerations in additon to CAP Rate

EXH A - Legal Description

ETC MAP WITH TAX PARCELS IDENTIFIED

Property Facts

Price	£1,056,308	Building Class	B
Price Per SF	£352	Lot Size	3.89 AC
Sale Type	Investment	Building Size	3,000 SF
Net Initial Yield	4.81%	Number of Floors	1
Property Type	Speciality	Year Built	2000
Property Subtype	Trailer/Camper Park	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.

Price	£1,056,308
Price Per SF	£352
Sale Type	Investment
Net Initial Yield	4.81%
Property Type	Speciality
Property Subtype	Trailer/Camper Park
Building Class	B
Lot Size	3.89 AC
Building Size	3,000 SF
Number of Floors	1
Year Built	2000
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.

Amenities

Bus Route

PATH

1 of 1

zoning

Zoning Code	R3 Resort District (R3 Resort District allowing RV Park, short term vacation rentals, Bed and Breakfast, multifamily dwellings, and many other resort type uses.)
R3 Resort District (R3 Resort District allowing RV Park, short term vacation rentals, Bed and Breakfast, multifamily dwellings, and many other resort type uses.)