Lewiston, ID 83501
Price: $7,500,000
Beds:
Baths: 0
Garages:
Type:
Area: Lewiston - 2135
Land Size: 1 - 4.99 Acres
SqFt: 24374
Acres: 2.4
Year Built: 1995
Construction: Frame, Metal Siding
Includes
Air Conditioned: true
Water: City Service
Heating: Forced Air, Wall Furnace
Contact for more details:
A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735 Email: info@ateamboise.com
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735 Email: info@ateamboise.com
Description
Exciting Investment Opportunity: Quality Inn Hotel at the mouth of Hells Canyon! Discover a prime investment opportunity with this established Quality Inn Hotel, proudly affiliated with Choice Hotels International, located at the breathtaking entrance of Hells Canyon. This 52-key hotel, built in 1995 and situated on a generous 2.401 acres, offers a gateway to a world of outdoor adventure. Immerse yourself in various thrilling activities, including hunting, fishing, golfing year-round, snowmobiling, attending the NAIA baseball tournament, and jet boating into the stunning Hells Canyon. The property was recently remodeled in 2024, enhancing its appeal with updated facilities and modern comforts for guests. This hotel is a solid investment with an impressive occupancy rate of 72.7% in 2023 and a cap rate of 8.7%. Additionally, the city has granted preliminary approval for a potential 30 RV hookup park or an exciting hotel expansion, opening doors to further revenue opportunities.Listing info for this property courtesy of Kelly Right Real Estate-Idaho Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. |