Waterton has partnered with Argosy Real Estate Partners to acquire the Hounds Tooth Inn, a 13-key independent bed and breakfast. The hotel is situated on a fully entitled, 17-acre Qualified Opportunity Zone site in Oakhurst, Calif., just south of the main gate to Yosemite National Park. The site will be re-developed into Outbound Yosemite Resort, a 135-key outdoor-inspired, lifestyle select-service hotel consisting of 108 new vacation rental cabins, 14 hotel rooms located above an expansive 12,500 square-foot clubhouse, in addition to the 13-key boutique hotel currently on the site.
“The location itself is attractive with access to the main entrance of Yosemite National Park less than 20 minutes north of the property, attracting guests year-round,” said Matt Mering, executive vice president of hospitality at Waterton. “The sprawling site provides ample opportunity to create a differentiated product for the lifestyle traveler. It’s an exciting opportunity to acquire a
