11 Chabot Rd
Copalis Beach WA 98535

11 Chabot Road

11 Chabot Rd Copalis Beach WA 98535

Listing #: 679023 | Status: Pending | Last Modified: 4/24/2024 |

For Sale
Nate Scott
  • Phone:(360) 708-2354
  • Email:nscott@windermere.com
  • Office Name:Windermere R.E./Anacortes
  • Office Phone:(360) 293-8008
  • Office Website:
Dick Nord
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 8,500,000.0
  • $/SF$ 202.8
  • Listing StatusPending
  • Days on Market39
  • Asset ClassHotel/Motel
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income2,191,860
  • Vacancy Factor %0.00%
  • Operating Expenses1,424,709
  • Net Operating Income767,151
  • CAP Rate 9.03 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings9
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF41904
  • Net Rentable Area41904
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF1161310
  • Acres26.66
Property Type
  • Property TypeHotel/Motel
  • Office Type
  • Building ClassC
Location
  • CountyGrays Harbor
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaGrays Harbor
  • Tax ID #191234330090
  • Additional Parcels
  • ZoningResort Residential
Construction
  • Year Built1974
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

LLC

Public Comments

The Surfcrest Resort in Copalis Beach Washington for sale. The 26.53 acres that makes up the Surfcrest Resort property is location on the Washington Coast along State Route 109 about 10 minutes south of popular Seabrook, and 10 minutes north of bustling Ocean Shores. Olympia and the I-5 corridor are an hour and a half east. Located primarily on the west side of Conner Creek, Surfcrest consists of nine 6-unit building totally 54 units, a laundry building, maintenance building, office and pool house as well as a managers apartment. The property has nearly 900 feet of ocean frontage and 800 feet of undeveloped highway frontage , the resort has been well maintained and had been continually operated as a time share community since it was constructed in 1974 up until May of 2022 when ownership