Washington Mountains Resort
Snoqualmie, Washington
Mountain resort near Seattle metro area offering urban accessibility with scenic natural setting. The 85-site facility benefits from strong destination market for hiking, waterfall viewing, and weekend getaways. Year-round operations with strong summer season (July-August) reaching 88% occupancy and solid winter bookings. Recently upgraded water infrastructure and added WiFi throughout property. Strong group booking program with corporate retreats and family reunions. Professional management team established. Positioned near major metropolitan area supporting weekend warrior demographics. Solid fundamentals with significant upside potential from improved marketing and rate optimization.
Financial Highlights
| Asking Price | $3,450,000 |
| Annual Gross Revenue | $625,000 |
| Net Operating Income (NOI) | $250,000 |
| Cap Rate | 7.3% |
| Price per Site | $40,588 |
Property Highlights
- Seattle metro proximity
- Mountain recreation destination
- Year-round operations
- Group booking programs
- Recent infrastructure upgrades
Property Details
Site Breakdown
- RV Sites
- 48
- Tent Sites
- 32
- Cabins
- 5
Infrastructure
- Year Built
- 2006
- Hookups
- full, partial, electric
Operations
- Management
- Managed
- Season
- Year-Round
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