8 River Drive $1,200,000

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    8 River Drive Amanda Park, WA 98526

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    $1,200,000

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    • 0 Beds
    • 0 Baths
    • Business Opportunity
    • Listing# 1398257
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    Views: 38 Days On Market: 405

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    Property Details

    Well-established, successful Inn boasts high occupancy and tourist market pricing. The business supports Mom & Pop and Investor opportunities! Completely renovated & tastefully decorated, the Inn is an efficient & well-designed operation w/repeat winter clientele, full summer tourist occupancy & great guest reviews. Spacious owner/mgr living quarters, full fitness center & wood shop included. Beautiful rural setting & new septic. Owner financing considered w/25% down. Seller licensed WA Broker.

    • General Features
      • County Grays Harbor
      • Commercial Category BusinessOpportunity
      • Business Name Quinault River Inn, LLC
      • Business Type 8 Room Inn/5 RV Sites
      • Franchise N
      • Hours of Operation 9:00 am to 9:00 pm
      • Lease Terms None
      • Major Type of Business Hospitality
      • Number of Employees 3
      • Selling Office Commission 2%
      • Year Established 2003
    • Property Features
      • Location Free Standing, See Remarks
      • Lot Square Footage 117,612
      • Total Covered Parking 0
      • Total Uncovered Parking 14
    • Financials
      • Annual Gross Sales $288,000
      • Annual Rent $0
      • Annual Expenses $168,000
      • Inventory $0
      • Net Proceeds $120,000

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    Neighborhood

    98526 (Amanda Park) Demographics

    34 Median Age
    3 Population Density (per sq. mile)
    29% College Educated
    $42,125 Estimated Median Income
    58 Estimated Total Home Owners
    39 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    258 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $1,200,000
    9/5/2019 8:01:13 AM Price Reduced Source New Value: $1,200,000 -7.69%
    1/10/2019 2:11:00 PM New in Database Source New Value: $1,300,000

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    This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.