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Mixed-Use

Mt Hood Athletic Club

37095 US-26, Sandy, OR 97055, Sandy, OR 97055

Listing Price: $19,108,255

Cap Rate
1.00%
Gross SF
49,142
Rentable SF
49,142
Price/Gross SF
$388.84
Lot Size
4.78 acres
Year Built
2006

Investment Overview

We are pleased to present for sale Mt. Hood Athletic Club which is situated in the charming town of Sandy, recognized as one of Oregon’s fastest-growing communities. This expansive facility spans 49,142 square feet on a 4.78-acre site and underwent signi?cant renovations that were completed in 2006. The club features a variety of amenities designed to cater to diverse ?tness interests, including indoor and outdoor pools, racquetball courts, a comprehensive ?tness center, a spinning studio, and a basketball gym. Additionally, members can enjoy a café and various extra services that enhance their overall experience.

Positioned strategically on a major highway, the club bene?ts from high visibility and accessibility, with over 38,000 vehicles passing by per day (VPD). This prime location not only attracts local residents but also visitors from surrounding areas looking for a community-focused ?tness environment. The club also hosts Adventist Physical Therapy as a tenant, further emphasizing its commitment to health and wellness. Mt. Hood Athletic Club fosters an inclusive environment where members can pursue their ?tness goals while engaging with the community. With its diverse o?erings and focus on member satisfaction, the club stands out as a key resource for ?tness enthusiasts in the Sandy area.

Investment Highlights

  • STRONG MARKET POSITION: Sole full-service athletic facility in the Sandy, Oregon market.
  • STRONG REVENUE GROWTH: 2.9% year-over-year growth and a 27.4% margin. Membership grew 12.4% year-over-year, and management has identi?ed multiple revenue growth opportunities.
  • DEMOGRAPHICS GROWTH: Situated on US-26, Sandy's primary corridor and gateway to Mount Hood, bene?ts from consistent year-round tra?c from residents, recreationists, and seasonal visitors.
  • 35+ YEARS OF OPERATION: Operating since 1987, MHAC is one of the most tenured athletic clubs in the Paci?c Northwest. This track record offers buyers immediate, proven cash ?ow backed by a deeply embedded community institution with generational member loyalty.
  • SIGNIFICANT CAP IMPROVEMENTS: Ownership has completed over $2.3 million in capital improvements across the 49,142 SF facility, including Life Fitness equipment, indoor and outdoor aquatics, a CryoLounge+, group ?tness studios, and sports courts. This reduces near-term CapEx risk for an incoming owner while positioning the club for continued growth.
  • RECESSION-RESILIENT ASSET: Health and ?tness facilities serving established residential communities demonstrate strong resilience across economic cycles. MHAC's a?ordable, family-oriented membership model and broad demographic appeal insulate revenue from discretionary spending volatility, making it a compelling addition to a defensive investment portfolio.

Exclusively Listed By

Mixed-Use

Mt Hood Athletic Club

Listing Price: $19,108,255

Cap Rate
1.00%
Gross SF
49,142
Rentable SF
49,142
Price/Gross SF
$388.84
Lot Size
4.78 acres
Year Built
2006

Investment Highlights

  • STRONG MARKET POSITION: Sole full-service athletic facility in the Sandy, Oregon market.
  • STRONG REVENUE GROWTH: 2.9% year-over-year growth and a 27.4% margin. Membership grew 12.4% year-over-year, and management has identi?ed multiple revenue growth opportunities.
  • DEMOGRAPHICS GROWTH: Situated on US-26, Sandy's primary corridor and gateway to Mount Hood, bene?ts from consistent year-round tra?c from residents, recreationists, and seasonal visitors.
  • 35+ YEARS OF OPERATION: Operating since 1987, MHAC is one of the most tenured athletic clubs in the Paci?c Northwest. This track record offers buyers immediate, proven cash ?ow backed by a deeply embedded community institution with generational member loyalty.
  • SIGNIFICANT CAP IMPROVEMENTS: Ownership has completed over $2.3 million in capital improvements across the 49,142 SF facility, including Life Fitness equipment, indoor and outdoor aquatics, a CryoLounge+, group ?tness studios, and sports courts. This reduces near-term CapEx risk for an incoming owner while positioning the club for continued growth.
  • RECESSION-RESILIENT ASSET: Health and ?tness facilities serving established residential communities demonstrate strong resilience across economic cycles. MHAC's a?ordable, family-oriented membership model and broad demographic appeal insulate revenue from discretionary spending volatility, making it a compelling addition to a defensive investment portfolio.

Investment Overview

We are pleased to present for sale Mt. Hood Athletic Club which is situated in the charming town of Sandy, recognized as one of Oregon’s fastest-growing communities. This expansive facility spans 49,142 square feet on a 4.78-acre site and underwent signi?cant renovations that were completed in 2006. The club features a variety of amenities designed to cater to diverse ?tness interests, including indoor and outdoor pools, racquetball courts, a comprehensive ?tness center, a spinning studio, and a basketball gym. Additionally, members can enjoy a café and various extra services that enhance their overall experience. Positioned strategically on a major highway, the club bene?ts from high visibility and accessibility, with over 38,000 vehicles passing by per day (VPD). This prime location not only attracts local residents but also visitors from surrounding areas looking for a community-focused ?tness environment. The club also hosts Adventist Physical Therapy as a tenant, further emphasizing its commitment to health and wellness. Mt. Hood Athletic Club fosters an inclusive environment where members can pursue their ?tness goals while engaging with the community. With its diverse o?erings and focus on member satisfaction, the club stands out as a key resource for ?tness enthusiasts in the Sandy area.

Exclusively Listed By

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