RobinHood Village Resort has been a Northwest Tradition since 1934. Fourteen Air-BnB style cottages and Creekside wedding venue on 4+ beautifully landscaped acres generate more than $600,000 in yearly rental income. This Beautiful resort, near Alderbrook Resort and Spa, offers a unique opportunity to our guests to explore the Hood Canal.. And offers a buyer a unique opportunity to own and manage a true piece of history and paradise. You will love the grounds, the view, the charming cottages and the returning guests! The spectacular owners quarters provides an opportunity to live for free or to increase the rental income. Included in the Resort is the Historic former Robin Hood Restaurant/Pub, the commercial kitchen is still intact.
IDX Wrapper
6790 State Route 106
Union,
WA $4,500,000
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Listing ID1775685
Sold For$4,500,000
StatusClosed
Sold Date10/07/2022
Acres
7.369
CountyMason
SubdivisionHood Canal
Year Built1934
Property TypeCommercial Sale
Property Sub TypeCommercial Industrial
County
Mason
Price Reduction Date
2022-06-04T16:15:03+00:00
Property Sub Type
Commercial Industrial
Property Type
Commercial Sale
Subdivision
Hood Canal
Year Built
1934
Accessory Dwelling Unit
DetachedDwelling
Building Area Units
Square Feet
Detached Dwelling SqFt Finished
12000
Furnished
Unfurnished
Living Area Units
Square Feet
Elevation Units
Feet
Foundation Details
See Remarks
Lot Number
322325010030
Lot Size Square Feet
320982
Lot Size Units
Square Feet
MLS Lot Size Source
Assessor
Sewer
Septic Tank
Sewer Company
Septic
Structure Type
Hotel/Motel
Style Code
64 - Hotel/Motel
Utilities
Septic System
Water Company
Public
Water Sewer Garbage
71000
Water Source
Public
Country
US
Expansion Area
true
MLS Area Major
173 - South Shore Hood
Zoning Class
Commercial,See Remarks
Zoning Jurisdiction
County
Boundary Survey
false
Effective Year Built Source
See Remarks
Environmental Survey
false
First Right Of Refusal
no
Free And Clear
true
Mls Status
Sold
Offers
Seller intends to review offers upon receipt
Possible Use
Commercial, See Remarks
Power Company
Public
Preliminary Title Ordered
yes
Show Map Link
yes
Year Built Effective
1990
Buyer Financing
Deed of Trust
Cap Rate
8
Gross Adjusted Income
797000
Gross Rent Multiplier
9
Gross Scheduled Income
797000
Insurance Expense
12000
Net Operating Income
530000
Other Expense
171000
Possession
Negotiable
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
12500
Tax Year
2020
Total Expenses
266500
Based on information submitted to the MLS GRID as of Friday, March 29th, 2024 01:38:47 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.
Data services provided by IDX Broker