InnShopper > Inns for Sale > Washington > Newport > Inn at the Lake

Inn at the Lake


Newport, WA   Offered for sale at $1,290,000
 

PRICE SLASHED...TAKE $300,000 OFF LISTED PRICE.THIS IS A MUST SELL ASAP FOR HEALTH REASONS WITH POSSABLE OWNER FINANCING. LISTED At SAME LISTING PRICE AS 2008 PRICE OF $1,590,000 -$300,000...NOW $1,290,000. THE TURN KEY B&B IS FREE. WE WILL LOOK AT ALL OFFERS SEARIOUSLY.
This five star five guest room (could be 7 room very easily) lakefront B&B is located on the crystal clear and pristine waters of Diamond Lake about 7 miles from Newport Washington. It sets on a 3/4 acre estate sized lot and 75 feet of the best sandy beach on the lake. This 7000 sq. ft. +/- Villa with its 5 two person jacuzzi tubs is being marketed as a romantic destination for adults only with great success. In fact in the short 4 full years since opening with no marketing to speak of revenue's went from zero to $125,000. Again, that is with no marketing and operated part time. With the location of the property being centered between and only about 45 minutes from 3 different ski resorts makes this a perfect 4 season business. There is no other property like this in all of eastern Washington. It sets less than a minute off the main highway going to Yellowstone National park and Glacier National Park coming from Seattle or Spokane WA. Banff National Forest just across the boarder into Canada is also on the travel plans of our national and international guests. The B&B also sits at the entry coming from Seattle or Spokane to the International Selkirk Loop, a road trip ranked as one of the top ten scenic destinations in the Northern Rockies going into British Columbia Canada. North Americas only multi-national scenic loop.
This is wild America, yet only 30 minutes away from 300 plus thousand people and fiber optic Wi-Fi in the B&B. It basically sits at the gateway to the last wildest wild west frontier in the lower 48 states and less than an hour from a international airport headed right into it. There are many ways to grow revenues besides growing room rentals. There is space for a day spa as well as a large area just off the entry for a gift shop. Water craft rentals would do very well and a casino is opening just down the road this spring.



Property Details
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1993
  • Last Renovated in 2006
  • Opened in 2014
  • Building is 7,000 SQFT
  • Lot is 0.75 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,290,000
  • Occupancy Rate: NA
  • Average Daily Rate: NA
  • Annual revenue is $125,000
  • Terms: LISTED PRICE IS PROPERTY VALUE ONLY. THE TURN KEY B&B IS FREE. NEW LOWER PRICE $1,290,000 $300,000 OFF POSABLE OWNER FINANCE.
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