IN CONTRACT – This property is currently in contract, the seller will consider offers in backup position only.
Upscale Resort Near Mt. Rainier National Park
9.31% Cap Rate, 15.68% ROI & 4.00 GRM
Alta Crystal Resort is a 28 key upscale resort with excellent Highway Route 410 visibility & access. The property features 11 single bedroom chalet suites, 12 loft chalet suites, 3 rental cabins, and 2 rental houses. Multiple options for owner’s quarters possible. The resort has excellent proximity to major metro Seattle, just 90 minutes from SeaTac, and 10 minutes from the Crystal Mountain ski area. Located only 1 mile from Mount Rainier National Park’s northeast year-round entrance. Popular with outdoor enthusiasts & leisure adventurers year-round, the resort includes luxury amenities. Room amenities include fireplaces, fully-equipped kitchens, in-room dining options, satellite television & Blu Ray players, and private hot tubs in cabins & houses. Resort amenities include heated pool, hot tub, on-site grocery & gift shop, hiking & snowshoe trails, mountain bike rentals, multi-use recreation field, and outdoor charcoal grills. Space to host large groups for events & weddings and catering options available. The resort operates within the Mt. Baker/Snoqualmie National Forest under a USFS special-use permit on approximately 22 acres.
The city of Enumclaw is one of the most attractive in King County. Enumclaw is the “Gateway” to both north entrances to Mt. Rainier National Park from Highway 410, and you can reach Paradise near Mt. Rainier through Stevens Canyon during the summer. The city itself is only 22 miles from SeaTac Airport and less than an hour from Seattle. The area offers year-round entertainment & activities. Visitors enjoy hiking, biking, golfing, kayaking, fishing, snowshoeing, skiing, and snow sports.
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer registration. Please call with questions regarding this requirement.
- Province / State: Washington
- City / Town: Enumclaw
- Postal code / ZIP: 98022