1031 Discovery Avenue SE Ocean Shores, WA 98569
Listing Courtesy of: Northwest MLS / Windermere Real Estate Ocean Shores / Jim Donahoe

  1031 Discovery Avenue SE Ocean Shores, WA 98569

Active (63 Days)
$3,500,000
12,018
SQFT

Description

Discovery Shores is a 26 unit apartment complex located across from the OS Interpretive Center and the OS Marina (currently not operating) at the South end of Ocean Shores. It is a short distance to the OS Community Club. The owner purchased this property in 2020 and invested over $500,000 in deferred maintenance, unit conversions and upgrades. The South end of OS is experiencing substantial growth led by Oyhut Bay, a walkable community nearby. At some point there will be a new owner developer of the marina and the value of this property will adjust upwards. Tenants can kayak on the freshwater canal system that fronts the property. Buyer could also purchase The Constitution Apt's, listed at $4.8 M. Total for both is $7.95 Million.

MLS #:
2202083
Taxes
$11,980(2023)
Lot Size
1.28 acres
Type
Multifamily
Year Built
1968
Style
10+ Units
Views
Territorial, Canal, Bay
School District
North Beach
County
Grays Harbor County
Community
Ocean Shores

Listed By

Jim Donahoe, Windermere Real Estate Ocean Shores
Source
Northwest MLS as distributed by MLS Grid
Last checked Apr 24 2024 at 3:21 AM PDT
Bathroom Details
Interior Features
  • Laminate
Subdivision
  • Ocean Shores
Lot Information
  • Sidewalk
  • Paved
  • Community Golf Course
Property Features
  • Dock
  • Foundation: Slab
Homeowners Association Information
  • Dues: $165/Annually
Flooring
  • Vinyl
  • Laminate
Exterior Features
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Ocean Shores Elem
  • Middle School: North Beach Mid
  • High School: North Beach High
Additional Listing Info
  • Buyer Brokerage Commission: 2
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 2024 4/23/24 20:21. 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.