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261131 US-101 Hwy - Sequim Tiny Home Village 20 Unit Apartment Building Offered at $2,755,600 CAD at a 7% Cap Rate Sequim, WA 98382
EXECUTIVE SUMMARY
This newly completed RV park offers 20 spaces with sewer, water , and garbage paid by the tenants and the spaces renting for $795/mo. Recently appraised at $2.375M. Great opportunity to own high demand monthly RV spaces with almost nothing to maintain or convert to nightly rentals to increase profits.
DATA ROOM Click Here to Access
- Operating and Financials
- Third Party Reports
- Investigations
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$262,884
|
$13.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$13,144
|
$0.66
|
| Effective Gross Income |
$249,740
|
$12.49
|
| Taxes |
$8,267
|
$0.41
|
| Operating Expenses |
$32,655
|
$1.63
|
| Total Expenses |
$40,922
|
$2.05
|
| Net Operating Income |
$208,818
|
$10.44
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $262,884 |
| Annual Per SF | $13.14 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $13,144 |
| Annual Per SF | $0.66 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $249,740 |
| Annual Per SF | $12.49 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,267 |
| Annual Per SF | $0.41 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $32,655 |
| Annual Per SF | $1.63 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,922 |
| Annual Per SF | $2.05 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $208,818 |
| Annual Per SF | $10.44 |
PROPERTY FACTS
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Pet Play Area
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | $1,095 CAD | 850 |
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261131 US-101 Hwy - Sequim Tiny Home Village
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