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123 Dot rd - Blacktail RV Park

1,568 SF Specialty Building Offered at $479,900 at a 10.31% Cap Rate in Bickleton, WA 99322

Investment Highlights

  • 10% Cap Rate in 2022
  • Double wide manufactured home for caretaker, owner occupant or rental
  • 17 RV spots with full hookups, bath house with shower, toilet and laundry, park has Starlink

Executive Summary

17-spot permitted RV park with home on 20 acres! Discover this unique investment opportunity with Blacktail RV Park! Situated on a sprawling 20-acre parcel, this 17-spot RV park comes complete with a bath house that includes laundry facilities. The property also features a new well, ensuring reliable water access for all tenants. Additionally, the property includes a 3 bed, 2 bath, 1568 SQFT manufactured home, perfect for owner-occupancy, caretaker or rental income. With room to expand and ample open space, this RV park is brimming with potential for further development or reimagining into a new vision. Ideal for investors or entrepreneurs looking to capitalize on the RV and outdoor recreation market. Don’t miss your chance to turn this hidden gem into a thriving destination! Adjoining property is also for sale: 35 T Bone Ln. MLS#: 24371543. Member of selling LLC is the listing agent and a licensed Realtor in WA.

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income $122,400 $78.06
Other Income - -
Vacancy Loss $36,720 $23.42
Effective Gross Income $85,680 $54.64
Taxes $2,694 $1.72
Operating Expenses $33,510 $21.37
Total Expenses $36,204 $23.09
Net Operating Income $49,476 $31.55

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual $122,400
Annual Per SF $78.06
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $36,720
Annual Per SF $23.42
Effective Gross Income
Annual $85,680
Annual Per SF $54.64
Taxes
Annual $2,694
Annual Per SF $1.72
Operating Expenses
Annual $33,510
Annual Per SF $21.37
Total Expenses
Annual $36,204
Annual Per SF $23.09
Net Operating Income
Annual $49,476
Annual Per SF $31.55

Property Facts

Price $479,900
Price Per SF $306
Sale Type Investment or Owner User
Cap Rate 10.31%
Sale Conditions Business Value Included
Property Type Specialty
Property Subtype Trailer/Camper Park
Lot Size 20.00 AC
Building Size 1,568 SF
No. Stories 1
Year Built/Renovated 1985/2000
Opportunity Zone Yes

Amenities

  • Property Manager on Site
  • Listing ID: 33132264

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 123 Dot rd, Bickleton, WA 99322

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