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Artbliss Hotel 37 NW Second St 4 Room Hotel Stevenson, WA 98648 $1,595,000 ($398,750/Room) 8.28% Cap Rate
INVESTMENT HIGHLIGHTS
- turn key lodging property, unique design A frame structures
- outdoor bathtubs and a communal gathering patio with gas fireplace
- stunning vies
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$220,000
|
$91.67
|
| Other Income |
$50,000
|
$20.83
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$270,000
|
$112.50
|
| Taxes |
$4,800
|
$2.00
|
| Operating Expenses |
$62,200
|
$25.92
|
| Total Expenses |
$67,000
|
$27.92
|
| Net Operating Income |
$203,000
|
$84.58
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $220,000 |
| Annual Per SF | $91.67 |
| Other Income | |
|---|---|
| Annual | $50,000 |
| Annual Per SF | $20.83 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $270,000 |
| Annual Per SF | $112.50 |
| Taxes | |
|---|---|
| Annual | $4,800 |
| Annual Per SF | $2.00 |
| Operating Expenses | |
|---|---|
| Annual | $62,200 |
| Annual Per SF | $25.92 |
| Total Expenses | |
|---|---|
| Annual | $67,000 |
| Annual Per SF | $27.92 |
| Net Operating Income | |
|---|---|
| Annual | $203,000 |
| Annual Per SF | $84.58 |
PROPERTY FACTS Under Contract
AMENITIES
- Public Access Wifi
- Smoke Detector
ABOUT 37 NW SECOND ST , STEVENSON, WA 98648
Artbliss Hotel is a newer, turn key lodging property in downtown Stevenson. The entire property was developed in 2021, including new utilities, all structures are only 4 years old. The property also includes onsite parking. Surrounded by a tranquil garden, each cottage offers privacy for guests to unwind. Two of the cabins feature private back patios with outdoor bathtubs, while the other two units have private balconies with river views. Each cabin features original artwork by local artists. The communal outdoor space offers a fireplace deck overlooking the Columbia River. Guests enjoy the walking distance to all Stevenson downtown amenities. Currently, the hotel is dog friendly. Partial owner financing may be available. This is a unique opportunity with additional income potential from adjacent property of similar size. Ask for details.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $295.00 | - |
PROPERTY TAXES
| Parcel Number | 03073644350000 | Total Assessment | $678,300 (2025) |
| Land Assessment | $121,000 (2025) | Annual Taxes | $4,800 ($2.00/SF) |
| Improvements Assessment | $557,300 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Presented by
Artbliss Hotel
Artbliss Hotel | 37 NW Second St
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