6467 US Highway 101, Amanda Park, WA 98526

$670,000

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Listing courtesy of Olympic Realty 2000, Inc.

List Price
$670,000
Status
ACTIVE
MLS#
2542873
Days on Market
42
Annual Tax Ammount
3076.24

Property Description

Beautiful Property located near Lake Quinault with large potential for investing. Property comes equipped with 2 houses, 11 RV hookups with honey pots, 25 storage units, and a Large warehouse many of which are currently rented. The property also features a seasonal rock bed river that flows through the property. The house in front is a 2-story 2140 SqFt house with paved parking and a partially fenced yard with plenty of tree cover for privacy. The second house is a 1 1/2 story 2073 SqFt house in the back of the property that was uniquely built in the shape of an octagon with a large basement/garage that leads into the main floor from below. The storage units are spread out between 3 separate out buildings on the property. The Large 7200 SqFt warehouse has a Laundry room available for any RV tenants to use and is also home to many of the storage units but there is plenty of room left over and electrical panels appropriate for a warehouse of it's size. RV hookups are spread around the edges of the property and alongside the warehouse with plenty of space left if you wanted to put more in. Much of the property is graveled and clear which leaves room for all sorts of possibilities. Part of the property goes down a hill into a beautiful wooded area with access to the seasonal river, plenty of room down there for recreation or to use as a wilderness retreat if you so desired. Property viewings by appointment. Please be respectful of tenants.

Additional Information

Community
Quinault
Building Condition
Average
Style
74 - Recreational
Year Built
1919
Waterfront
Yes
Waterfront Description
River
Tax Year
2026
Potential Terms
Cash, Owner Will Carry
Driving Directions
Driving North on US Highway 101 after North Shore Rd. turn left onto driveway property is on the left. GPS works.
Electric Expenses
8400
Energy Source
Electric
Net Operating Income
$62,880
Gross Adjusted Income
$77,280
Gross Scheduled Income
$110,400
Water/Sewer/Garbage Expenses
$6,000
Cap Rate
9
Vacancy Rate
30
Total Expenses
$17,476
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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