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Semiahmoo Resort, Golf & Spa 9565 Semiahmoo Pky 196 Room Hotel Blaine, WA 98230 $27,500,000 ($140,306/Room) 8.32% Cap Rate



Investment Highlights
- Owner Looking To Recapitalize or Sell. Bring Proposals.
- High-Barrier-To-Entry Waterfront Location | Flexible Management and Brand Options
- 35,000 SF of Meeting & Event Space | Wedding Venue (Indoor & Outdoor Locations)
- 8.32% Cap Rate | 8.71% ROI | 5.29 GRM (Adjusted Actuals)
- Income Streams: Rooms, Golf, F&B, Spa, Events | Arnold Palmer–designed Championship Course + Memberships
- Drive-To Location for Seattle, WA & Vancouver BC | Regional Economic Anchor & Record Visitor Spending
Property Facts
| Price | $27,500,000 | Lot Size | 170.36 AC |
| Price Per Room | $140,306 | Building Size | 212,347 SF |
| Sale Type | Investment | No. Rooms | 196 |
| Cap Rate | 8.32% | No. Stories | 4 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1987/2024 |
| Property Type | Hospitality | Parking Ratio | 1.13/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | ||
| Zoning | MPR | ||
| Price | $27,500,000 |
| Price Per Room | $140,306 |
| Sale Type | Investment |
| Cap Rate | 8.32% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 170.36 AC |
| Building Size | 212,347 SF |
| No. Rooms | 196 |
| No. Stories | 4 |
| Year Built/Renovated | 1987/2024 |
| Parking Ratio | 1.13/1,000 SF |
| Corridor | Interior |
| Zoning | MPR |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Spa
- Wheelchair Accessible
- On-Site Retail
- Golf Course
- On-Site Bar
- Indoor Pool
- Outdoor Pool
- Beach (direct access)
- Meeting Event Space
- Tennis
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Cafe
- Locker Room
About 9565 SEMIAHMOO PKY , BLAINE, WA 98230
CIP Exclusive - JUST LISTED! Iconic Pacific Northwest Waterfront Resort, Golf & Spa Semiahmoo Resort, Golf & Spa is a full-service coastal hotel in Blaine, Washington. The property sits on a secure peninsula covering 170 acres of fully owned land. The main four-story building spans 212,347 square feet and features a recently updated interior. It offers a diverse mix of 196 keys, including classic guestrooms, deluxe rooms, marine-view suites, and executive suites. On-site amenities include an 18-hole championship golf course designed by Arnold Palmer, which supports an 850-plus-member club. Guests also enjoy a full-service spa with 7 treatment rooms, a health club with sports courts, and three distinct dining outlets, including Packers Kitchen + Bar. The property is available without any remaining brand or management agreements. This gives a new owner complete control and an immediate path to boost occupancy through strategic repositioning. The resort sits along the strategic Interstate 5 corridor near a major United States-Canada border crossing. It features panoramic shoreline views and marina access within a two-hour drive of both Seattle and Vancouver, British Columbia. The property also serves as a top regional meeting and conference hub. It uses 35,000 square feet of flexible indoor and outdoor event space to attract high-paying corporate groups, capitalizing on a record-breaking $775.9 million Whatcom County visitor economy. IMPORTANT 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! Please Note: Buyer's Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 16 | $439.00 | - |
| Guest Room | 180 | $357.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $14,602,713 | |
| Land Assessment | $5,790,429 | Total Assessment | $20,393,142 |

