
CIP Exclusive Hotel for Sale – Just Listed! Seller Financing Available
$4,800,000 | Economy | Limited-Service | 40 Keys
Recently Converted Franchise Hotel With Add-On Opportunities & Seller Financing
Americas Best Value Inn Salmon is a 40-key, exterior corridor economy hotel near downtown Salmon, Idaho. This hotel has recently been converted to an Americas Best Value Inn and includes a 5-bedroom rental house on the same parcel. The hotel has an on-site Owner’s/Manager’s Quarters with 2 Bedrooms, 1 Bathroom, and a full kitchen. Seller Financing is available!
The property features a lobby, indoor pool, spa, guest laundry, and vending machines. The room mix includes a variety of Queen Single, Queen Double, King Single, and King Accessible rooms. Room amenities include a flat-screen TV, coffee maker, refrigerator, microwave, and wireless internet (WiFi).
Along with the sale of Americas Best Value Inn Salmon/Rental House, there is the opportunity to add on a 6 bedroom/2 shared bathroom rental unit as well as a restaurant. Both the restaurant and the rental unit are located near the hotel. These add-on opportunities may be purchased with the hotel/rental house but will not be available separately. The additional rental unit and restaurant allow for economies of scale with experienced management.
Request Offering Memorandum & Financials using the form below.
Americas Best Value Inn – Salmon Location
Central Idaho is defined by its beautiful lakes, stunning mountain peaks, fields of wildflowers, and historic mountain towns. The region is known as the home of Sacajawea, the Lemhi-Shoshone woman who served as Lewis and Clark’s interpreter for their expedition west to the Pacific Ocean. Rich with reminders of Idaho’s diverse history, the area is full of popular tourism destinations, like the ghost towns of Bayhorse and Custer. For outdoor enthusiasts, Central Idaho offers fantastic fly-fishing, world-class skiing, hiking, mountain biking, and backpacking. The region provides breathtaking views of the night sky, being home to North America’s only Dark Sky Reserve. Less outdoorsy visitors also have the option to explore art galleries, museums, and shops in the downtown areas of towns like Sun Valley, Ketchum, Hailey, and Salmon.
Property Features
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- 10.01% Cap Rate, 14.6% ROI & 3.99 GRM
- Seller Financing Available
- On-Site Owner’s Quarters
- Strong National Franchise
- Ideal Highway Access & Visibility
- Centrally Located Downtown
- Add-On Business Opportunities
- View Property Video
Property Details
Keys: 40
Location: Idaho, Rural
City: Salmon
State: ID
ZIP: 83467
Type: Economy, Limited-Service
Cap Rate: 10.01%
GRRM: 3.99
ROI/Cash Flow: 14.60%
Financing: New or Seller
Additional Features:
Economy, Limited-Service, Owner / Manager Quarters, Seller Financing
Disclaimer
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!
Broker Co-op Agreement
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.
Photos of Americas Best Value Inn Salmon
Request the Offering Memorandum below for detailed information and photos of this property.
Americas Best Value Inn Salmon Map
Request Offering Memorandum & Financials
If you are a Broker requesting this property for a client, you must complete the Buyer Registration in the form below.