Rated One of the Top 25 Lodges in North America
This wonderful lodge-style hotel features 12 uniquely outfitted rooms and suites, 24 managed condos, cabins and luxury homes, a beautifully appointed restaurant overlooking the private lake, seasonal conference and events venues, seasonal pool and year-round spa. The property is situated in the magnificent North Cascades in breathtaking north central Washington. The nearby western-themed town of Winthrop is a tourist destination featuring upscale shops and dining and serves as a jumping off point for many of the regions attractions. While the area surrounding the property has the small town appeal and outdoor recreational opportunities of rural Washington, it offers excellent proximity to Seattle and Spokane, and is well suited to draw clientele from throughout the region. There is a separate private owners/managers cabin on the property (available but not included in the Inn price).
This property is of exceptional caliber, having been featured as one of the Top 25 Lodges in North America by Travel + Leisure magazine. The property offers an exceptional value for a property of this magnitude, offering a cap rate of 7.7% on actual 2011 income and expenses.
There is a possibility that the Seller may carry a note for a well-qualified buyer with appropriate down payment. The property may qualify for SBA and USDA financing.
Special Property Features Include:
- Top 25 Lodges in North America by Travel + Leisure
- Fantastic Resort Destination
- Creative Structure Possible
Property Details
Keys: 12 owned plus 24 managed
Location: Resort, Rural
City: Mazama
State: WA
ZIP: 98833
Type: Full Service, Boutique, Independent
Cap Rate:
GRRM:
ROI/Cash Flow:
Financing:
Additional Features:
Property Map
View Larger Map
Contact Us About this Property
