Property Details
320 Elm Street
Hamilton, WA 98255
$395,000
Active
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Property Overview
This RV park is an ideal investment for those looking for consistent income with low maintenance and centrally located in Hamilton with many destinations within walking distance. Currently operating 8 sites with full hookups and room to add 4 more spots, for a total of 12 sites. City to allow the park to continue with new owner. There are 2 tax parcels included: P101340 and P73849. Nearby there are several parks, a restaurant, a bar, boat launch for Skagit River, Janicki Industries Campus, and Hwy 20. Ideal for affordable housing as Hamilton's location becomes more desirable. Expand and increase the value of this rare opportunity. Community water system and septic on site.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Skagit
Neighborhood
Hamilton
Listed
Apr 11, 2026
Parcel Number
P101340
Tax & HOA
Annual Property Tax
$781 (2026)
Est. Monthly Tax
$65/mo
Financial Summary
Cap Rate
8.00%
Net Operating Income
$31,656
Gross Scheduled Income
$43,200
Gross Rent Multiplier
9.14
Total Expenses
$3,361
Total Actual Rent
$3,600/mo
Vacancy Rate
5.0%
Building & Use
Total Units
6
Zoning
Residential
Possible Use
Residential
Exterior & Lot
Lot Size
0.54 sqft
Sewer
Septic Tank
Water Source
Public
Community & Access
Directions
Head south on Pettit Street from Hwy 20. Left on Hamilton Ave. Right on Cumberland Street. Property on the left at Elm Street.
Location
City
Hamilton
County
Skagit
Coordinates
48.52036, -121.98928
Additional Information
Tax Year
2026
Annual Taxes
$781
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.