IN CONTRACT – Seller will consider offers in Back-Up position only.
Absentee owner offers significant upside for onsite owner operator. Room to expand operations in popular resort town drawing from throughout the region as well as nationally. The Winthrop Inn is located in the eastern slopes of the Cascade Mountains on the Methow River on 4.5 gorgeous acres, offering scenic beauty for guests throughout the year. Extensively updated throughout, this 30 key property is well equipped for a variety of travelers, Winthrop Inn offers spacious lawns, a sand volleyball court, barbecue picnic area, heated swimming pool, year round hot tub and riverside view seating. A Waxing Room is on site for guest’s use for maintaining their skis prior to, and during, enjoying the fabulous Methow Valley Winter Recreation area. Extensive parking is provided for RV’s, Trailers, Snowmobiles and Motorcycles.
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 broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
A pleasant one mile walk to the center of the “Wild West” town of Winthrop, restaurants, shops, museums and activities abound. Whether it is stocking up for water or mountain sports, hot air ballooning or maybe just strolling Winthrop’s boardwalks, there is something for everyone in the nearby town. During the summer months the area offers 150 miles of trails, busy with bikers, hikers and horseback riders. In the winter, Cross-country ski guests will enjoy the trailhead just a few blocks down the road which introduces them to the Methow’s extensive cross-country ski system. And with 400 miles of groomed snowmobile trails traversing the nearby mountains, snowmobilers find The Winthrop Inn, with its ample parking, a most convenient base for their activities.
Location: Resort, Mountains
Cap Rate: 10.2%
ROI/Cash Flow: 17.65%