For Sale
$8,500,0002.4 Acres
For Sale
24,374 sq ft

Lewiston, ID 83501 - Nez Perce County

Commercial
Static Google Map
Property ID 22608587

Commercial Sale - Lewiston, ID

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 1996 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.

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Location

C

Connor Ward

Kelly Right Real Estate-Idaho
(208) 280-0754

Message

Connor Ward

Kelly Right Real Estate-Idaho