Description
Looking to move to Idaho? Looking to create your own job with a steady income and opportunity to grow? Look no further, the Dodge Peak Lodge is seeking new owners. Built in 1994 this hand crafted log lodge was built by ''Caribou Creek'' Log homes and continually updated and remodeled is a turn-key opportunity. The property consists of 14 rentable units, 2 Basement apartments, one for the owner which has 2 bedrooms, 2 baths and a second apartment for the manager or rentable for additional income. In addition there is a restaurant in the main lodge with a highly efficient commercial kitchen. Presently the restaurant is only open on weekends, but potential to add hours has huge upside. All of the nearly .68 acre property is flat and usable, 112 feet of highway frontage. 2021 CAP Rate is 7.36% with living quarters on site, so no housing expenses for the owner!approximately a third of an acre for an additional buildings or R.V. hookups. This is the first Hotel/Motel you come to as you enter Bonners Ferry from the south. All furnishings go with the sale.
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0BEDS
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0.68ACRES
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0BATHS
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01/2 BATHS
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8,134SQFT
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$168$/SQFT
School Ratings & Info
Description
Looking to move to Idaho? Looking to create your own job with a steady income and opportunity to grow? Look no further, the Dodge Peak Lodge is seeking new owners. Built in 1994 this hand crafted log lodge was built by ''Caribou Creek'' Log homes and continually updated and remodeled is a turn-key opportunity. The property consists of 14 rentable units, 2 Basement apartments, one for the owner which has 2 bedrooms, 2 baths and a second apartment for the manager or rentable for additional income. In addition there is a restaurant in the main lodge with a highly efficient commercial kitchen. Presently the restaurant is only open on weekends, but potential to add hours has huge upside. All of the nearly .68 acre property is flat and usable, 112 feet of highway frontage. 2021 CAP Rate is 7.36% with living quarters on site, so no housing expenses for the owner!approximately a third of an acre for an additional buildings or R.V. hookups. This is the first Hotel/Motel you come to as you enter Bonners Ferry from the south. All furnishings go with the sale.
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