1408 Gulf RdPoint Roberts, WA 98281

Property Details for 1408 Gulf Rd

Year built

1910

Lot size

0.60 AC

Property size (Sq ft)

1,188 SF

Zone code

STC

Property type

Hospitality properties

Property subtype

Mobile home & RV parks

APN

405303 008142 0000

APU

4053030081420000

Description

Exceptional investment opportunity awaits with this established 60-pad RV park nestled on a picturesque 4.77-acre lot in Point Roberts, Washington. This well-maintained property boasts individual RV pads, each equipped with 110-120v electrical service and both 50-amp and 30-amp RV electric hookups. Guest convenience is ensured with readily available water, sewer, and common garbage disposal areas. On-site amenities include shared bathroom and shower facilities, creating a comfortable experience for all visitors. A dedicated play area provides a safe and enjoyable space for families. Located in the charming community of Point Roberts, this RV park offers a unique blend of seclusion and proximity to the vibrant Vancouver, BC metro area. Accessible by vehicle via Canada, or by small plane or private boat, Point Roberts' distinctive geography provides a tranquil escape while remaining within reach of major urban conveniences. This property presents a compelling opportunity for investors seeking a high-demand recreational vehicle accommodation in a desirable location. The asking price is $1,800,000. The property is located at 1408 Gulf Rd, Point Roberts, WA 98281, within Whatcom County.

• CAP approach

  CAP return

  Valuation

  6%

  $397,352

  6.5%

  $366,786

  7%

  $340,587

• Comparable approach

  Method

  Valuation

  Relative Method

  $559,736

  Geo Method

  $354,617

• Alternative Use

  Use

  Valuation

  Residential

  $366,786

  Hospitality

  $335,974

  Educational

  $279,527

  Medical

  $289,140

  Retail

  $434,819

Location Insight

City

Point Roberts

County

Whatcom

State

Washington

Latitude

48.9849

Longitude

-123.079

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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