$8,500,000

Lewiston, ID 83501, US

Summary

Style: Commercial
Year Built: 1995

Moving Quotes

primary photo for Lewiston, ID 83501, US

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.

Details

MLS#: 202511809
Price: $8,500,000

Style: Commercial
Year Built: 1995

County: Nez Perce

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Broker Contact

Kelly Right Real Estate of Spokane
140 S ARTHUR ST STE 600
SPOKANE, WA, 99202
US
Joe Kelly
! +1 (509) 489-7000
! paperwork@kellyright.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Spokane Association of REALTORS®
Last updated: 2025-02-11T00:34:05.000-08:00.
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