$8,500,000
MLS# 25-1211
24374 sqft
1 / 38
Property Description
Exciting Investment Opportunity: Quality Inn Hotel at the mouth of Hells Canyon! Discover a prime investment chance 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 7.7%. 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.
Details
Contract Information
Status: Active
Listing Type: Business, Bld & Land
Area: 15 - South
Neighborhood Grid #: 600
Begin Date: 2025-02-10
List Price: $8,500,000
Short Sale: No
REO: No
General Property Description
Building Style: Multi Level
Basement: No
Year Built: 1995
Remodeled: Yes
Year of Remodel: 2024
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 24374
ESTIMATED SqFt Source: Assessor
Lot Acres: 2.4
Lot Type 1: Commercial
Business Type: Hospitality
Realtor.COM Type: Commercial
Legal and Taxes
Legal: See Attached Exhibit A.
AIN/Tax Bill: 17349
Parcel Number: RPL355W0053325, RPL355W0053302
Zoning: C6
Directions: Use Google Maps.
Taxes: 59386.8
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: Exciting Investment Opportunity: Quality Inn Hotel at the mouth of Hells Canyon!
Discover a prime investment chance 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 7.7%. 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.
Address
State/Province: ID
Postal Code: 83501
County: Nez Perce
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 5
Twn: 35N
Rng: 5
Rng Dir: WBM
Business Info
Inventory List Available?: Yes
Inventory Included in Sale Price?: Negotiable
Equipment Included in Sale Price?: All
Confidential from Employees?: Yes
Architectural Style
Description: Hospitality
Property Features
View: River
Lot Features: Irregular; Level; Open
Interior Features: Cable TV; Central Air; Elevator; Fire Sprinklers; Handicap Facility; Handicap Restrooms; High Speed Internet; Mini-Split A/C; Security System
Exterior Features: Curbs; Handicap Access; Landscaping; Lighting; Paved Parking; Sprinkler System
Common Walls: 2+ Common Walls
Fuel: Gas
Heating: Forced Air; Mini-Split
Basement: None
Construction: Frame
Foundation: Concrete
Exterior: Aluminum
Roof: Comp Shingle
Road: Paved
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Supplements
This hotel is a solid investment with an impressive occupancy rate of 72.7% in 2023 and a cap rate of 7.7%. 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 Office: Kelly Right Real Estate
Last Updated: February - 11 - 2025
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