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Details about the Country Home
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| County: Ferry |
Type: Commercial |
Acres: 12.8 |
| Address: 80 Black Beach Road |
City: Republic |
State: Washington |
| Zip: 99166 |
Price:
$1,250,000.00 |
Status: Available |
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Description of the Country Home
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Have you been dreaming of living on a lake and running a small resort,youth camp, retreat or church camp? This is your dream come true. 12.8 acres of paradise on Curlew Lake. 2800 feet of shoreline. 13 rental units including cabins, duplexes and studios. Large groomed, grass RV park, 112 RV Sites: 34 full service waterfront sites, 78 full service secondary waterfront sites, 9 waterfront tent sites (dry camp), fully stocked store/office, groceries, tackle and gift shop, laundry mat, boats/motors & pontoon boat, fishing boats, motors, moorage and fishing docks, large grassy playground with swings, volleyball, basketball, tether ball and horseshoes and other outbuildings. Plus owner's built in 1987 living quarters consisting of 1,400 sf, 4 bedrooms (mstr: 13' X 14', 12' X 13', 12' X 18', 9' X 11'), 2 bathrooms (mstr: 3/4, extra large shower), kitchen/dining area (16' X 20') w/JenAir range/oven, convection/regular oven, dishwasher, pantry & new Formica counter tops, 1 car detached garage w/large shop area . Great fishing (Trout, Bass and Muskie) and hunting (Whitetail & Mule Deer, Bear, Cougar, Grouse, Turkey, Geese & Duck).
2011 INFORMATION
Gross Income (1 Jan - 30 Nov): $176,822
2010 INFORMATION
Gross Income: $199,077
Store Sales/Other Income: 24%
Cabins: 36%
RV Park: 40%
Annual Expenses
Insurance: $8,767
Utilities: $12,603
Miscellaneous: $24,635 - (Includes: Taxes and Licenses - $16,548;
Repairs and Maintenance - $3,646; Supplies - $4,441)
Cost of Goods Sold: $26,061
Approximate Net Income: $127,011 (Cap Rate: 10.2%)
2009 INFORMATION
Gross Income: $178,714
Store Sales/Other Income: 24%
Cabins: 34%
RV Park: 42%
Annual Expenses
Insurance: $9,096
Utilities: $11,844
Miscellaneous: $23,056 (Includes: Taxes and Licenses - $15,516; Repairs and Maintenance - $5,586; Supplies - $1,954)
Cost of Goods Sold: $23,048
Approximate Net Income: $109,572 (Cap Rate 8.8%) |
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80 Black Beach Road, Republic, Washington, 99166
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View in Google Earth
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Directions to the Country Home
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From Spokane:
Follow SR 395 north past Kettle Falls, cross Lake Roosevelt, take an immediate left turn (west) onto SR 20. Continue on SR 20 about 40 miles over Sherman Pass, (ignore the sign to turn north on SR 21 even though it says "Curlew Lake"), stay on SR 20, continue 3 miles into and through Republic to the "T" - follow directions from the "T" below.
Directions from the "T":
The Klondike Motel is on the right hand corner. Turn right onto Klondike Rd (also called West Curlew Lake Road)
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Find more property:
Washington Land for Sale |
Republic, Washington Land for Sale |
Ferry County Land for Sale
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