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Harmony Meadows Tennis Resort 4848 Green Ave 13 Room Hotel Manson, WA 98831 $5,500,000 ($423,077/Room) 2.64% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 12 pristine acres located in thriving resort area
  • Eight professional level tennis courts with two pickleball courts
  • Desirable wedding venue with high end clientele

EXECUTIVE SUMMARY

$356.44 per conditioned square foot, $310.49 per total square foot. Approx $200,000 in 2025 net operating income to date. Only operated May through September by current owner's choice.

ATTACHMENTS

wedding venue ad

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,500,000
Price Per Room $423,077
Sale Type Investment
Cap Rate 2.64%
Sale Conditions
Business Value Included
  • High Vacancy Property
Property Type Hospitality
Property Subtype Hotel
Building Class A
Lot Size 12.00 AC
Building Size 22,486 SF
No. Rooms 13
No. Stories 2
Year Built 2016
Parking Ratio 2.58/1,000 SF
Corridor Exterior
Zoning commercial /hospitality - The 12 acres is zoned Commercial Agricultural with a Conditional Use Permit and a Master Planned Resort Overlay

AMENITIES

  • Balcony
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Tennis
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites

ABOUT 4848 GREEN AVE , MANSON, WA 98831

Boutique destination tennis resort with a thriving wedding and event business

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 1 $1,080 -
Guest Room 12 $490.00 -
  • Listing ID: 34743119

  • Date on Market: 2/6/2025

  • Last Updated:

  • Address: 4848 Green Ave, Manson, WA 98831

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