4651 SR 109, Moclips, WA 98562
Sold
The Ocean Crest Resort is an iconic resort on the Washington Coast. 43 units, most with ocean views with many remodeled, restaurant and gift shop. Recreation facility with indoor pool, sauna, fitness room and massage. 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. 3 miles to Seabrook. 2019 gross income over $2.5 million. Based on 2019 financials with adjustments CAP rate is 8.5%
Broker: Jim Donahoe (17996)
Office: Windermere R.E. Ocean Shores
Property Details
SOLD: $4,550,000
Address: 4651 SR 109
City: Moclips
State: WA
Zip: 98562
MLS#: 1264908
Beds: n/a
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: 1955
Status: Sold
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: 1955
Status: Sold