$4,495,000

4651 Hwy 109 N

Moclips WA, 98562

Description

The Ocean Crest Resort is an iconic resort on the Washington Coast. 43 units, most with ocean views with 10+ newly remodeled, newer restaurant and gift shop. Recreation facility with indoor swimming pool, sauna, fitness room and massage. Situated on 100 foot wooded ridge with dramatic views and staircase to beach. 1,200+ ft of lower beach level property for cottage development connected to resort. Additional property available. 3 miles to Seabrook. 2019 gross income exceeded $2.5 million. CAP rate is 6.47%.

Details

MLS#596386
Listing TypeFor Sale
Sub-TypeHotel/motel
StatusAvailable
Year1968
Days On Site4938

Features

Building(s)1
ZoningC1 and R3
Acreage1.43
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Area Information
StateWA
CountyGrays Harbor
CityMoclips
Zip Code98562
AreaGrays Harbor
Listing VS Median (in 98562)
Price:
$4,495,000
low | high
Med:
$695,000
100% of Average
On Site:
4938
low | high
Med:
7785
63.429672447013% of Average
Listing Updated: January 6, 2021 1:45:29 PM PST
James Donahoe CCIM LogoMLS Number: 596386
Listing Provided By:
James Donahoe CCIM  of  Windermere R.E. Ocean Shores

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