3040 Clemans Rd Clarkston, WA 99403

This exceptional 3.11-acre RV park in Clarkston, Washington, presents a compelling investment opportunity. Boasting a 94% occupancy rate (with two pending applications), this 31-unit property includes 26 RV sites, 2 storage units, and 3 recently renovated manufactured homes, all under 12-month leases. The park benefits from a strong historical occupancy average of 99% since 1997, and over $100,000 in capital improvements were completed between 2022 and 2023. Situated on public water with an on-site septic system, the property offers significant value-add potential through the implementation of electricity cost recovery for month-to-month tenants. Located along WA-129, it's a short drive to downtown Clarkston and Lewiston, Idaho, and benefits from Washington state's income tax-free status and lack of rent control. The property is zoned Light/Neighborhood Commercial (L-C) and enjoys proximity to abundant outdoor recreational opportunities, including hiking, fishing, boating, hunting, and golfing. The asking price is $2,150,000, with a current cap rate of 9.25% and a pro-forma cap rate of 10.32%. This property offers a strong return on investment in a desirable location with significant upside potential. The APN is 10420004000000000.