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Historic Restaurant, Cabins & Apartment 1258 Highway 141 5 Room Bed and Breakfast White Salmon, WA 98672 $1,195,000 ($239,000/Room) 6.11% Cap Rate
Investment Highlights
- Turnkey restaurant, bar 80+ seats and outdoor patio
- 2 RV hook ups and excess land for events
- 4 cabins and 1 (2bd) apartment
- Seller Financing Available
Executive Summary
Historic restaurant, bar and hospitality property near White salmon River.
The Logs Inn is a turnkey historic restaurant and bar with four ‘cabin’ units, and a 2-bedroom apartment above the restaurant. The restaurant has 80+seats, patio, bar area and potential for outdoor events. 2 RV hook-ups are available.
Located near the White Salmon River, BZ launch, Mt. Adams, Gifford Pinchot National Forest, and the Columbia River Gorge recreation corridor, The Logs Inn is well positioned gather locals and visitors drawn to year-round outdoor recreation. With limited lodging and dining options in the immediate area, the Loggs is a no brainer for a full service hospitality property.
There is tremendous upside with increased marketing on the rentals, which are approved for both long term and short term stay. The RV hook ups have not been utilized nor has the lot for outdoor events. Lots of options here!
The Logs Inn has been a community hub for 100 years and has an opportunity to again be the gathering place for the area.
The Logs Inn is a turnkey historic restaurant and bar with four ‘cabin’ units, and a 2-bedroom apartment above the restaurant. The restaurant has 80+seats, patio, bar area and potential for outdoor events. 2 RV hook-ups are available.
Located near the White Salmon River, BZ launch, Mt. Adams, Gifford Pinchot National Forest, and the Columbia River Gorge recreation corridor, The Logs Inn is well positioned gather locals and visitors drawn to year-round outdoor recreation. With limited lodging and dining options in the immediate area, the Loggs is a no brainer for a full service hospitality property.
There is tremendous upside with increased marketing on the rentals, which are approved for both long term and short term stay. The RV hook ups have not been utilized nor has the lot for outdoor events. Lots of options here!
The Logs Inn has been a community hub for 100 years and has an opportunity to again be the gathering place for the area.
Property Facts
Amenities
- Restaurant
- On-Site Bar
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $137.00 | - |
| Guest Room | 4 | $84.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 04101114000300 | Improvements Assessment | $336,200 |
| Land Assessment | $75,000 | Total Assessment | $411,200 |
Property Taxes
Parcel Number
04101114000300
Land Assessment
$75,000
Improvements Assessment
$336,200
Total Assessment
$411,200
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Historic Restaurant, Cabins & Apartment | 1258 Highway 141
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