32100 Benbow DrGraham, WA 98338
For Sale
$4,250,000
Distressed Marina & Event Center, 296 Acres
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- 296.09-acre distressed resort property on Lake Tanwax, near Mt. Rainier National Forest, including a marina, and various lodging options.
- 51 RV spaces (42 long-term rentals) and 16 additional RV sites, plus 65 campsites.
- Event facilities include a 1,950 sq ft Timber Lodge (175-person capacity), a 14-room Cedar Lodge (sleeps 53), and a restored chapel (100-person capacity). Additional lodging includes five cabins and seven cottages.
- Excess forested land with potential for subdivision or timber harvesting. Alcohol sales are permitted.
- Court-ordered sale; $4,250,000 asking price, $335,000 pro-forma NOI, 7.88% cap rate.
Location Insight
- City
- Graham
- County
- Pierce
- State
- Washington
- Latitude
- 46.9646571
- Longitude
- -122.2550264
32100 Benbow Dr, Graham, Washington
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