Alpine Lodge & RV


Cascade, ID   Offered for sale at $2,750,000
 

***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 operational flexibility, 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, and contains 3 RV sites and a park model cabin.

Situated on Highway 55 and just 90 minutes from Boise, Idaho, the property benefits from year-round demand-driving activities such as 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 for an additional cost. Located next to Alpine Lodge & RV on 1.276 acres of owned, fee simple land (Parcel 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 that this parcel and business are not included in the listing price for Alpine Lodge & RV.

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.

INVESTMENT HIGHLIGHTS
- Economy | Limited-Service | 49 Keys
- 10.21% Cap Rate, 14.13% ROI (Actuals) - $56,122 Per Key
***Pace-Morby-style offers will not be entertained.***
- Turnkey Property With Diverse Lodging Mix
- Recently Renovated With Ample Parking
- Potential To Expand RV Park/Cabins
- Options For On-Site Employee Housing
- 90 Min To Boise/Year-round Demand Drivers
- Event Space Caters To Fishing Enthusiasts
- Option To Purchase Adjacent Self Storage Business & Land (Additional Cost)
- Use Listing Link To View Full Offering & To Request Financials



Property Details
  • 49 Guest Rooms
  • Has Owner's Quarters
  • Built in 1975
  • Last Renovated in 2024
  • Building is 6,925 SQFT
  • Lot is 3.23 Acres
  • Photo Gallery
Financial Details
  • Offered for sale at $2,750,000
  • Average Daily Rate: $147-$190
  • Annual revenue is $280,847
  • Terms: 10.21% Cap Rate, 14.13% ROI (Actuals) - $56,122 Per Key Please use the listing link for access to the full Offering Memorandum (Tier 1) & Detailed Financials (Tier 2). Lender referrals available
  • Prequalify for Financing
Contact Information