320 Elm Street, Hamilton, WA 98255

$395,000

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Listing courtesy of American Dream R. E. Services.

List Price
$395,000
Status
ACTIVE
MLS#
2506192
Days on Market
107
Annual Tax Ammount
781

Property Description

This RV park is an ideal investment for those looking for consistent income with low maintenance and centrally located in Hamilton with many destinations within walking distance. Currently operating 8 sites with full hookups and room to add 4 more spots, for a total of 12 sites. City to allow the park to continue with new owner. There are 2 tax parcels included: P101340 and P73849. Nearby there are several parks, a restaurant, a bar, boat launch for Skagit River, Janicki Industries Campus, and Hwy 20. Ideal for affordable housing as Hamilton's location becomes more desirable. Expand and increase the value of this rare opportunity. Community water system and septic on site.

Additional Information

Community
Hamilton
Style
76 - RV Park
Tax Year
2026
Potential Terms
Cash
Driving Directions
Head south on Pettit Street from Hwy 20. Left on Hamilton Ave. Right on Cumberland Street. Property on the left at Elm Street.
Energy Source
Electric
Net Operating Income
$31,656
Gross Adjusted Income
$41,040
Gross Scheduled Income
$43,200
Water/Sewer/Garbage Expenses
$2,580
Cap Rate
8
Vacancy Rate
5
Total Expenses
$3,361
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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