25381 US-101,, Hoodsport, WA, 98548, US

Glen Ayr RV Resort

Asset Description

Jones Lang LaSalle Americas (“JLL”) is pleased to present the opportunity to acquire Glen Ayr Resort (the “Property”), a waterfront RV and hotel resort located in Hoodsport, Washington. The Property, built in 1976, is comprised of 37 RV sites and 18 lodging units, and is favorably situated along the shores of the Hood Canal. All RV sites have full hook-ups with electric, water, and septic, along with picnic tables and parking, while nine of the sites feature pull-through. The motel features large, nicely furnished rooms, providing guests with a comforting stay in an ideal location, with plenty of amenities such as a BBQ area, Swim Spa, Boat Dock, Beach, Gazebo, and Waterfront Clubhouse.

The Property represents an enticing investment opportunity in a strong real estate market. With its prime location and steady income potential, the property offers a strong foundation for long-term success and attractive returns

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Attributes

Number of units

55 units

Year built

1976

Building area net

32,375 m²

Land area gross

3.19 ha

Media

Investment Highlights

Excellent Location and Access: The Property features excellent location and access, providing visitors with the small town feel of Hoodsport while also being conveniently located within driving distance to the larger metros of Seattle and Tacoma. Situated in a beautiful natural environment, yet just off major thoroughfare U.S. 101, Glen Ayr Resort offers visitors easy access to various outdoor recreation activities, such as hiking, kayaking, swimming, fishing, and boating, as well as close proximity to a variety of dining and shopping options in the town of Hoodsport.

Growing Demand: The popularity of RV travel has been steadily increasing over the years, and this trend is expected to continue. As more people seek outdoor experiences, RV resorts provide a sought-after accommodation option that caters to this market demand. The growing demand for RV travel can be attributed to the desire for flexibility, outdoor experiences, family bonding, cost savings, and the appeal of a self-contained and customizable travel lifestyle, even in economic downturns. Reports from RV consumer shows and dealers point toward continued strong interest in RV ownership.