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316 1st St - The River Run RV Park 920 SF Specialty Building Offered at $8,231,170 CAD at a 6.96% Cap Rate in Cosmopolis, WA 98537
INVESTMENT HIGHLIGHTS
- 81 Space Quality RV, Operates on City Services, Only accepts incoming RV’s that are 10 years or newer
- Direct access to the highly traveled Pacific Coast Highway 101, a major north-south route frequented by tourists year-round
- RV Resort built in 2021 that was fully opened 2022 with riverside expansion open for residents as of July 2024
- Building On-site Includes: 1 Bd Apartment, Office, Shop, Laundry & Mens/Womens Shower & Bathroom Areas
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$840,636
|
$913.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$840,636
|
$913.74
|
| Taxes |
$32,857
|
$35.71
|
| Operating Expenses |
$235,110
|
$255.55
|
| Total Expenses |
$267,967
|
$291.27
|
| Net Operating Income |
$572,669
|
$622.47
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $840,636 |
| Annual Per SF | $913.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $840,636 |
| Annual Per SF | $913.74 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,857 |
| Annual Per SF | $35.71 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $235,110 |
| Annual Per SF | $255.55 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $267,967 |
| Annual Per SF | $291.27 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $572,669 |
| Annual Per SF | $622.47 |
PROPERTY FACTS
| Price | $8,231,170 CAD | Building Class | B |
| Price Per SF | $8,946.92 CAD | Lot Size | 6.34 AC |
| Sale Type | Investment | Building Size | 920 SF |
| Cap Rate | 6.96% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2021/2023 |
| Property Subtype | Trailer/Camper Park | Parking Ratio | 88.04/1,000 SF |
| Price | $8,231,170 CAD |
| Price Per SF | $8,946.92 CAD |
| Sale Type | Investment |
| Cap Rate | 6.96% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | B |
| Lot Size | 6.34 AC |
| Building Size | 920 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2021/2023 |
| Parking Ratio | 88.04/1,000 SF |
AMENITIES
- Property Manager on Site
- Signage
- Waterfront
- Fiber Optic Internet
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $2,776,790 CAD (2025) | |
| Land Assessment | $684,362 CAD (2025) | Annual Taxes | $32,857 CAD ($35.71 CAD/SF) |
| Improvements Assessment | $2,092,428 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$684,362 CAD (2025)
Improvements Assessment
$2,092,428 CAD (2025)
Total Assessment
$2,776,790 CAD (2025)
Annual Taxes
$32,857 CAD ($35.71 CAD/SF)
Tax Year
2024
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Northwest Park Brokerage
316 1st St - The River Run RV Park
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