The Clark Fork Lodge 121 Antelope Loop 15 Room Hotel Clark Fork, ID 83811 $1,950,000 ($130,000/Room) 8.90% Cap Rate
EXECUTIVE SUMMARY
Ever dreamed of owning your own lodge in the heart of a recreational paradise. Now is your opportunity. Located in the quaint town of Clark Fork, Idaho. Within minutes you could be fishing the famous Clark Fork River and/or Lake Pend O'Reille, or hiking up Scotchman's peak, or hunting a multitude of public lands where game abound. Included are 15 rooms with baths and kitchenettes, with 22 beds and an additional 3bed/2 bath 2800 sq ft private living apartment for owner or manager. Part of apartment could be closed off, and used as additional bedroom. Large, over 2 acre parcel, could expand the business further (weddings, Rv, cabins, fishing/hunting lodge) or build a private home. See your investment grown with a Cap rate of 8.97%. Call your local listing agent to schedule a showing. Buyer to do due diligence.
PROPERTY FACTS
| Price | $1,950,000 |
| Price Per Room | $130,000 |
| Sale Type | Investment |
| Cap Rate | 8.90% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.06 AC |
| Building Size | 6,000 SF |
| No. Rooms | 15 |
| No. Stories | 2 |
| Year Built/Renovated | 1999/2017 |
| Parking Ratio | 5/1,000 SF |
| Corridor | Exterior |
| Zoning | N/A |
AMENITIES
- Balcony
- Restaurant
- Room Service
- On-Site Retail
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $160.00 | - |
| Guest Room | 11 | $84.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $941,749 | |
| Land Assessment | $443,213 | Total Assessment | $1,384,962 |
