Sacajawea Inn – IN CONTRACT!

5764

Property ID

9,491 SqFt

Size

Description

IN CONTRACT – The seller will consider offers in backup position only.

Independent Economy Hotel with RV & Camping Sites

The Sacajawea Inn is a 24 key economy exterior corridor historic hotel. Built in 1950 and updated throughout the years, this hotel sits on ~1.82 acres of owned land. Located only half a mile from the Salmon city center, the hotel has excellent Highway 93 frontage and access. The property includes 9 RV sites with full hookups that also serve as seasonal tent camping sites. Bathrooms and showers, as well as guest laundry, are available for RV & camping guests.

Hotel features a front office and lobby and a recently-updated restaurant. The dining area may be used for gatherings or meeting space if desired. Charming murals by a local artist are prominent throughout the hotel.

Room mix includes Queen Singles and Doubles with private bathrooms, 2 Bedroom lockout unit with shared central bathroom, 2 Bedroom Kitchenette Suite with private bathroom, and Studio rooms with shared bathroom access. Guest room amenities include microwaves, refrigerators, free WiFi, flatscreen TVs, use of guest laundry.

Property includes a 3 bedroom, 2 bathroom Owner/Manager’s Quarters. The residence is ~1769 sq. ft with a living room, fireplace, full kitchen, fenced-in back yard, and private entrance. The property may have the potential to expand. Any expansion subject to Buyer’s confirmation of permitted uses and space.

Location:

Salmon is a scenic mountain-town with rustic origins in mining, lumbering, and family ranching. Over the years it has evolved into a vibrant collection of art galleries, museums, restaurants, and a community of outdoor enthusiasts. Known as the gateway to some of the last wild river systems in America, the area around Salmon, Idaho is full of beautiful trails, winding rivers, and soothing hot springs that draw tourists from around the world. The Lemhi County Airport provides easy travel access directly to Salmon. The city is also an easy drive from major metropolitan areas, located just 3.5 hours from Helena, Montana, and 5 hours from Boise, Idaho.

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  • 12.21% Cap Rate, 23.92% ROI & 3.17 GRM
  • Seller Financing Available
  • Spacious 3 Bedroom Owner’s Quarters
  • Includes Dining Area & Meeting Space
  • Highway 93 Access & Frontage
  • Tent Sites & RV Parking with Full Hookups
  • May Have Potential For Expansion

Address

Address: 705 S Challis St, Salmon, ID 83467, USA
  • Province / State: Idaho
  • City / Town: Salmon
  • Postal code / ZIP: 83467
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  • Property ID 5764
  • Price $925,000
  • Property Type Hotel or Motel
  • Property status For Sale
  • Year Built 1950
  • Size 9,491 SqFt
  • Land area 1.82.82 Acres
  • Label Under Contract
  • Number of Units 24

Map View

Contact

Joseph Kennedy

Property Seller
503-530-1316
joe@crystalip.com
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