Listing 98935669 , Lewiston, ID 83501
$6,700,000
Est. Payment: $14,888.89/mo
0 Bed
0 Bath
24374 Sqft
Status: Active | Days on site: 521
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12194 - 568896
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House 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 9.67%. 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.

Highlights

Listed by Connor Ward , 208-305-8093 Kelly Right Real Estate , 509-489-7000.

Property Type

Commercial Sale

Lot/Acreage
2.4

Year Built

1995

County

Nez Perce

Listing ID

98935669

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:
Floor:Concrete
Water:City Service

Exterior Features

Lot:1 - 4.99 Acres,Sewer Connected,2-5 Acres
Zoning:C-6
Roof:Composition
Parking Features:51 - 100 Spaces
Principal Interest
$14,889
Taxes
$4,271

Home Price

$6,700,000

Loan Details

30 yrs
%

Down Payment

20%
$1,340,000
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Monthly Price:
$14,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,888.89 $4,271.25 $0.00 $19,160.14
Yearly $178,666.67 $51,255.00 $0.00 $229,921.67
Total $5,360,000.00 $1,537,650.00 $0.00 $6,897,650.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lewiston, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.