IN CONTRACT – Seller will consider offers in Back-Up position only.
Select Service Boutique Hotel near Spokane and Coeur D’Alene
99-key select service independent hotel. Currently absentee owners – Upside for active and savvy owner. Property offers nice mix of room, interior corridors, indoor pool and spa, good amenities for guests and truck/bus parking. Recent upgrades throughout. Visible from freeway and across the street from Flying J Travel Center. Over $450,000 of recent capital improvements and upgrades to the property!
Post Falls is a suburb of Coeur D’Alene, and is located 30 minutes from the center of Spokane and 10 minutes from the center of Coeur D’Alene, Idaho.
Special Property Features Include:
- Independent Select Service Hotel
- Upside through Franchising!
- Management in Place
- Interior Corridor
- Extensive upgrades
- ~2.04 acres fee simple owned
Location: Metro, Highway
City: Post Falls
Type: Select Service, Independent
Cap Rate: 9.71%
ROI/Cash Flow: 19.78%
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