Colliers Manufactured Housing & RV Group presents a rare opportunity for the Washington Resort, a 137- site lakefront Park Model & Cottage resort plus 110 moorage slips near a large MSA.

After over 100 years of family stewardship the park-model resort has established deep roots in the community and has become a beloved seasonal vacation destination in the Pacific Northwest.

The asking price for the resort is $11,400,000 ($82,212/site).

This represents a 8.0% Cap Rate.

*DO NOT CONTACT OR VISIT THE PARK WITHOUT EXPLICIT PERMISSION FROM OWNERS OR BROKERS.*
Please discuss with Richard Knapp.
*All visits will be subjected to daily pass fees unless otherwise stated.*

Irreplaceable waterfront positioning with over 1/2 mile of sandy beach water frontage and lakefront views in a supply-constrained market.

Lakefront destination location near major growing MSA with easy access to regional outdoor recreation attractions.

The family recently completed significant capital expenditures to improve and renovate the resort.

Majority of sites are tenant-owned park model sites and the cottage income is similar to the park model revenue as units are typically reserved a year in advance by returning guests.

There are significant upside opportunities such as adding new cottages, replacing existing cottages with duplex cottages, leasing commercial buildings, offering boat storage, expanding the operating season, renting watercraft, growing the event business, improving restaurant operations, and more.

https://www.crexi.com/properties/2554698/washington-washington-waterfront-resort