Marine RV Park
A stabilized RV park asset located just outside the high-growth Wenatchee Valley. With 66 spaces, the park features long-term tenants and spaces for short-term travelers to capture upside during high-demand seasons.
Established Long-Term Tenancy
With the majority of its spaces occupied by long-term residents, Marine RV Park offers investors reliable, recurring income. The stability of the tenant base is supported by strong trailing financials and consistent occupancy, providing immediate cash flow with minimal turnover.
Wenatchee Valley Demand
Located just 15 minutes from Wenatchee, the property benefits from regional tourism, year-round recreation, and a growing local economy. Proximity to the Columbia River, Mission Ridge Ski Area, and Wenatchee’s wine and craft beer scene ensures ongoing demand from both permanent and seasonal residents.
Mixed-Occupancy Flexibility
The park includes a blend of 30-amp and 50-amp service, offering flexibility for both long-term tenants and short-term vacationers. This dual strategy allows ownership to capture revenue from both stable residents and transient visitors during peak travel seasons.
On-Site Management & Operational Efficiency
With a full-time on-site manager, the park is well-maintained and managed. The existing infrastructure also creates an opportunity to refine and optimize performance, introduce professional systems, and potentially reduce operating expenses leading to improved cash flow.
Offering Details
Offered at $3,000,000, Marine RV Park is a 66-site RV Park in tranquil Rock Island, WA. Located just 15 minutes from Wenatchee, the park has 30-amp and 50-amp service, as well as city water and sewer.
Access DocumentsProperty Summary
Property Name
Marine RV Park
Address
401 Parkway Drive
City, State, Zip
Rock Island, WA 98850
Year Built
1996
Parcel ID
10200001502 & 1700, 41500001701
Zoning
Tourist Commercial
Acreage
17.57
# of Spaces
66
Pricing Summary
Price
$3,000,000
Price / Space
$45,455
Price / SF
$129.87
Current CAP Rate
5.50%
Proforma CAP Rate
8.83%
The Opportunity
Stabilized RV Park Minutes from Wenatchee
Situated in the tranquil community of Rock Island, WA, Marine RV Park offers a unique opportunity to acquire a stabilized RV park asset just outside the high-growth Wenatchee Valley. With most spaces leased to long-term tenants and a few reserved for seasonal or short-term travelers, the property captures the best of both rental models: consistent monthly income with the potential for upside during high-demand travel months.
The park is ideally positioned to benefit from the continued expansion of the greater Wenatchee area. As a regional hub for agriculture, tourism, and outdoor recreation, Wenatchee attracts a blend of workers, retirees, and vacationers. Popular destinations such as the Columbia River, Lake Chelan, Mission Ridge Ski Area, and the Wenatchee River Valley draw thousands of visitors annually. This RV Park’s proximity to these amenities, along with easy access to U.S. Highway 28, ensures steady traffic and long-term tenant retention.
Eastern Washington has emerged as a preferred destination for lifestyle migration, especially among remote workers and retirees seeking affordability, open space, and outdoor access. This trend has bolstered demand for RV parks in markets like Rock Island, where housing alternatives remain limited but lifestyle amenities are plentiful. With operational stability, embedded income, and a location tied to Wenatchee’s economic engine, Marine RV Park represents a rare acquisition in a growing asset class.
The Location
Ideal location to benefit from Wenatchee expansion
429.897.587.985Photographs
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Market Overview
Wenatchee Valley, WA
Nestled in the picturesque Central Washington region, Wenatchee is a thriving city renowned for its breathtaking natural surroundings, with the Columbia River winding through the valley and the Cascade Mountains gracing the horizon. It is a vibrant and bustling town which offers significant outdoor activities year-round. Whether it's hiking the extensive trail network, or skiing at nearby Mission Ridge, Wenatchee is an outdoor lover's dream.
Wenatchee is home to diverse industries led by agriculture, and health care, but also including education, technology, andtourism. Known as the “Apple Capital of the World”, its roots are in agriculture, but Wenatchee is also home to the Confluence Technology Center, which houses data centers for Yahoo! and Microsoft.
The Wenatchee MSA has seen steady growth in both population and jobs at rates that have outpaced the national average for over six decades. Douglas County saw a 2.17% population increase in 2020, making it the fourth fastest growing county in the state, according to the state Office of Financial Management.
Reasons To Invest Here
- 0.2%
Average Rent Growth
(Last 12 months)
- 95.1%
Stabilized Occupancy
(Q2 2025)
- 4.7%
Unemployment Rate
(Q1 2025)
- $1.7k
Median Rent
(Q1 2025)
- 35.5k
2025 Est. Population
(5-mile radius)
- $74.6k
Median HH Income
(Chelan & Douglas County)
- 2.2%
Home Price Growth
(Q1 2025)
- $568k
Median Home Price
(Q2 2023)
Our Team
Multifamily Mason
Multifamily Mason is a brokerage firm specializing in multifamily property sales and advisory services within the Inland Northwest. We uphold the core values of integrity, mastery, and ownership. These principles guide all our business decisions and interactions with our clients, investors, and stakeholders.
Our extensive market knowledge, in-depth data analysis, valuable insights, and strong industry relationships have established us as trusted advisors and a go-to source for those exploring the Inland Northwest markets or investing in multifamily properties within tertiary markets.
We foster long-term relationships and prioritize our clients' best interests, even if it means delaying immediate deals. We believe in collaboration and creating opportunities for mutual success, including working with potential competitors.
Lead Broker
Mason Fiascone
Mason is the founder of Multifamily Mason and specializes in the sale and advisory services of multifamily properties across the Inland Northwest with a specific focus on Central Washington and Tri-Cities. Mason leads the sales and asset management organizations at Multifamily Mason, meaning he partners with owners, investors, and developers seeking to maximize their property returns, bringing valuable expertise to every interaction. He is committed to building long-term relationships by providing clients with market insights and unique deal opportunities.
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