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Marine RV Park 401 Parkway Dr 66 Unit Mobile Home Park $4,187,760 CAD ($63,451 CAD/Unit) 8.83% Cap Rate Rock Island, WA 98850

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INVESTMENT HIGHLIGHTS

  • With the majority of its spaces occupied by long-term residents, Marine RV Park offers investors reliable, recurring income.
  • he park includes a blend of 30-amp and 50-amp service, offering flexibility for both long-term tenants and short-term vacationers.
  • Located just 15 minutes from Wenatchee, the property benefits from regional tourism, year-round recreation, and a growing local economy.

EXECUTIVE SUMMARY

Situated in the tranquil community of Rock Island, WA, Marine RV Park offers a unique opportunity to acquire a stabilized RV park asset just outside the high-growth Wenatchee Valley. The park consists of 66 total spaces (36 with 30-amp and 30 with 50-amp service) and is on city water and sewer, providing infrastructure to support a wide range of recreational vehicles.
With most spaces leased to long-term tenants and a few reserved for seasonal or short-term travelers, the property captures the best of both rental models: consistent monthly income with the potential for upside during high-demand travel months.

PROPERTY FACTS

Price $4,187,760 CAD
Price Per Unit $63,451 CAD
Sale Type Investment
Cap Rate 8.83%
No. Units 66
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low-Rise
Building Class C
Lot Size 17.57 AC
Building Size 23,100 SF
No. Stories 1
Year Built 2003
Opportunity Zone Yes
Zoning Tourist Commercial - The purpose of the C-T district is to supply sufficient areas arranged in a concentrated form that allow recreational land use activities.

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector
  • Listing ID: 38265453

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 401 Parkway Dr, Rock Island, WA 98850

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