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Columbia Point Resort 978 Highway 395 N 12 Room Hotel Kettle Falls, WA 99141 $2,100,000 ($175,000/Room) 10.20% Cap Rate
Executive Summary
A fully-renovated lifestyle resort on 4.23 acres along US-395, minutes from Lake Roosevelt and the Colville National Forest. The property combines a 13-room vintage hotel, 24-site RV park, two glamping tents, and a 2BR vacation home with attached lobby. Operated by JET Hospitality, with revenue growing from $270,000 in 2021 to $439,693 on a trailingtwelve-month basis ending April 2026 — and a long-term Group Contract executed May 2026 securing significant inplace income.
Property Facts
| Price | $2,100,000 | Lot Size | 4.23 AC |
| Price Per Room | $175,000 | Building Size | 8,001 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Cap Rate | 10.20% | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1950/2018 |
| Property Subtype | Hotel | Parking Ratio | 1.46/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | Commercial | ||
| Price | $2,100,000 |
| Price Per Room | $175,000 |
| Sale Type | Investment |
| Cap Rate | 10.20% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.23 AC |
| Building Size | 8,001 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2018 |
| Parking Ratio | 1.46/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $202.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 1922300 | Improvements Assessment | $1,070,439 |
| Land Assessment | $92,130 | Total Assessment | $1,162,569 |
Property Taxes
Parcel Number
1922300
Land Assessment
$92,130
Improvements Assessment
$1,070,439
Total Assessment
$1,162,569
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Columbia Point Resort | 978 Highway 395 N
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