Contact Information

Marlene Schreiber

RV Park/Campground Details

  • Price: $950,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.7%
  • Property ID: 1038855
  • Posted on Mar 5, 2019

Property Description

Henley's Silver Lake Resort and Marina is nestled in the foothills of Mt. Rainier & has been operating since the 50's. There are 6 cabins, 20 RV sites. 10 RV sites with full hookups which include water septic and electricity, 10 RV sites with water & electricity. 15 campsites, a bait & tackle store, boat rentals and a 220 ft dock on Silver Lake. The property has 16 acres with great potential for growth. Having the only public access to the lake, we have exclusive rights to the boat launch. This business is well established, and has been operating since the 1950's. Many of the clientele have been coming to the resort their whole lives and have a lot of sentimental memories of family and catching their 1st fish here. The property has 16 acres. There is great potential for future growth. As a part of the Washington Fish and Wildlife net pen program,they raise rainbow trout every year and stock the lake. Primarily a seasonal business, from April to October, it also has room for an extended year round season. We have developed an awesome website, henleysilverlakeresort.com, and have 2 Facebook profiles with many friends. This is a growing business with revenues increasing every year. HIGHLIGHTS Fishing Resort with stocked rainbow trout. View of Mt. Rainier, Water Skiing, Fishing, boating. This Resort is only open 6 months of of the year. Resort opens Last weekend in August and closes Last weekend in October. SALE NOTES Please call Marlene Schreiber, listing broker at Skyline Properties, Inc. to make an appointment to view the property. Phone 206-909-6017 or email me at schreiber111@gmail.com Financial information will only be provided to serious buyers.

https://vimeo.com/332914354

Amenities

  • Boat Access
  • Bathhouse
  • Store
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Park Information

Number of RV Lots: 20

Financial Information (Actual)

Gross Income $96
Operating Expense $47
Net Operating Income $122
Expense Ratio 49.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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