Alpine Lodge & RV 900 S Main St 49 Room Hotel Cascade, ID 83611 $2,750,000 ($56,122/Room) 10.21% Cap Rate

Southwest Idaho Resort Opportunity - IN CONTRACT
**Pace-Morby-style offers will NOT be entertained.**
Alpine Lodge & RV is a 49-key economy resort with a well-rounded mix of accommodation styles. The property offers room options, including tent campsites, ample pull-through and back-in RV sites with full hookups, and newly renovated lodge and motel rooms. The on-site Clubhouse is available for events and offers a gathering space for guests, enhancing its appeal to groups and families. Amenities include indoor and outdoor fish cleaning stations, refrigerators, freezers, on-site laundry, community fire pits, and boat charging facilities. The resort currently offers firewood, ice, and propane for additional income.
The property has the potential to expand the RV park or add additional camping or cabins in the future. Options for employee housing or on-site owner/manager’s quarters provide added flexibility for operations, making this a turnkey investment opportunity with significant upside potential. An adjacent Parcel C is available at an additional cost. Parcel C is 1.012 acres of owned, fee simple land.
Situated on Highway 55 and just 90 minutes from Boise, Idaho, the property benefits from year-round demand-driver activities like whitewater rafting, hiking, skiing, and fishing in the West Central Mountains.
Cascade Self Storage, an adjacent self-storage, RV, and boat parking business, is available for purchase at an additional cost. Located next to Alpine Lodge & RV on 1.276 acres of owned, fee simple land (see Plat Maps: Plat A), this business can be operated alongside the resort to achieve economies of scale and serve both local and long-term storage needs for repeat and seasonal guests. Please note, this parcel and business are not included in the listing price for Alpine Lodge & RV.

Cascade, Idaho is less than a 2-hour drive from Boise making it an attractive weekend getaway for locals and tourists alike. Cascade is well-known as a destination for year-round outdoor activities. The mountains, wilderness areas, rivers, and lakes make this area perfect for recreation, sports, and “getting away from it all.” Outdoor enthusiasts may choose to hike, mountain bike, hunt, camp, boat, kayak, or paddleboard. For visitors looking to relax, the Cascade area has at least seven different hot springs. For avid fishermen, Lake Cascade is well-known for ice fishing and the biggest Perch in the world.

Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!

Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer Registration. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.