Description
9.19%+ Cap Rate. 280ft of prime highway frontage. Approx 8,240-11,941 Daily passing traffic. 12 unit Lodge. 20 space RV park with full hookups. North Idaho RV Park & Lodge for sale, middle of town walking distance from multiple Grocery Stores and restaurants, gorgeous setting with endless mountains and rivers The Lodge features a recently renovated open lobby with potential for a bar. Recently renovated 12 unit Lodge & 20 RV Full Hook-up sites. 280ft prime highway frontage, 1.85 Acres zoned as commercial in the city limits of Bonners Ferry, ID. 5 of the 12 lodge rooms have kitchenettes, a 1 bedroom 1 bath managers apartment with full kitchen. 2 full RV Showers & Bathrooms for staying guests. Large unfinished basement for possible 2 additional bedrooms and 1 bathroom. Massive unfinished attic. Full laundry & storage facilities. 3 Utility rooms. Potential for vast improvement as you can easily increase revenues with some simple additions: Raise RV and Lodge Rates to meet market: $50k Additional Yearly Revenue In the Lobby you can easily add Coffee Shop/Bakery, Beer and Wine Bar, and Gift shop with another $200k+ Additional Yearly Revenue. Vacant Highway frontage is perfect for a coffee/food trucks tenants $36k Additional Yearly Revenue. Potential to add nearly $300k in additional revenue!!
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0BEDS
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1.81ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
9.19%+ Cap Rate. 280ft of prime highway frontage. Approx 8,240-11,941 Daily passing traffic. 12 unit Lodge. 20 space RV park with full hookups. North Idaho RV Park & Lodge for sale, middle of town walking distance from multiple Grocery Stores and restaurants, gorgeous setting with endless mountains and rivers The Lodge features a recently renovated open lobby with potential for a bar. Recently renovated 12 unit Lodge & 20 RV Full Hook-up sites. 280ft prime highway frontage, 1.85 Acres zoned as commercial in the city limits of Bonners Ferry, ID. 5 of the 12 lodge rooms have kitchenettes, a 1 bedroom 1 bath managers apartment with full kitchen. 2 full RV Showers & Bathrooms for staying guests. Large unfinished basement for possible 2 additional bedrooms and 1 bathroom. Massive unfinished attic. Full laundry & storage facilities. 3 Utility rooms. Potential for vast improvement as you can easily increase revenues with some simple additions: Raise RV and Lodge Rates to meet market: $50k Additional Yearly Revenue In the Lobby you can easily add Coffee Shop/Bakery, Beer and Wine Bar, and Gift shop with another $200k+ Additional Yearly Revenue. Vacant Highway frontage is perfect for a coffee/food trucks tenants $36k Additional Yearly Revenue. Potential to add nearly $300k in additional revenue!!
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