Key Takeaways
- •Campground Brokers of America closed a three-park KOA Journey portfolio spanning Boise, Pasco/Tri-Cities, and Pendleton
- •The deal was completed through the KOA Resale Program off-market
- •Franchised KOA assets along major travel corridors are transacting — and rarely surfacing publicly
Three KOA Journey properties just changed hands in a single transaction.
Campground Brokers of America closed on a portfolio spanning the Boise/Meridian KOA Journey in Idaho, the Pasco/Tri-Cities KOA Journey in Washington, and the Pendleton KOA Journey in Oregon. The deal was completed through the KOA Resale Program, the franchise's preferred channel for connecting sellers with qualified buyers. Cathy Reinard, CBOA's National Director of RV Park Resale and Franchise Specialist, represented the transaction as KOA's designated broker for the program.
All three properties sit on key travel corridors in the Pacific Northwest — I-84 through Oregon and southern Idaho, and the Tri-Cities hub where the Yakima, Snake, and Columbia Rivers converge in eastern Washington. Each has established year-over-year guest loyalty within the KOA system.
Why It Traded Off-Market
This deal never hit Crexi. It didn't get listed publicly. It moved through the KOA Resale Program — a closed channel that connects franchise sellers directly with vetted buyers. That's how the best franchised campground assets trade at the top of the market. The seller gets a qualified buyer who understands the franchise model. The buyer gets access to an asset that isn't available to anyone who isn't already in the network.
For investors watching the franchised campground space, this is the market reality. The most desirable KOA assets — established locations, strong occupancy, prime corridor positioning — rarely surface through traditional commercial real estate channels. If you're not connected to the KOA Resale Program, you're not seeing the full deal flow.
What It Means
Portfolio transactions in franchised outdoor hospitality are becoming more common. A buyer willing to take on three properties in a single close gets a diversified footprint across three states and three distinct travel markets in one transaction. That's an institutional-style play from a buyer who knows the asset class. Expect more of this structure as capital continues moving into the sector.
Source: Campground Brokers of America
