Cascade, ID Offered for sale at $2,500,000
12.48% Cap Rate, 33.61% ROI, & 4.09 GRM
Birch Glen Lodge in Southwest Idaho is an economy, limited-service, 27+ key motel with an excellent mix of accommodation styles. The property includes owner’s quarters and staff housing. There is the potential to add additional keys, short-term or long-term rentals to the mix. (Buyer to do their own due diligence on the potential to expand.)
The Lodge operates year-round, taking full advantage of all seasonal recreational activities. The property includes 50+ camping/self-contained RV spaces that make use of the large lawn. This flexible area is also used for events, receptions, and family gatherings. The outdoor amenities include a fire pit, barbecues, picnic tables, and horseshoe pits.
The main lodge building features indoor gaming and relaxation area, couches, and a kitchen for guest use. A sauna, additional bathrooms, showers, and laundry are available for campers and motel guests. A seasonal indoor DIY fish cleaning and processing area cater to guests who come to the area for world-class Perch. Rooms feature basic amenities including TV, air conditioning, microwave, and mini-fridge.
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. Please call with questions regarding this requirement.