IN CONTRACT – This property is currently in contract, the seller will consider offers in backup position only.
Newly Rebranded Interior Corridor Hotel
Super 8 Lewiston is a 61 key, select service, economy hotel on 1.67 acres. Newly rebranded in 2018, the property has had extensive capital improvements and offers superior national brand recognition. This interior corridor property offers easy access for both trucks & RVs and is adjacent to a truck accessible convenience stop. Located at the junction of Routes 12 and 95, the property is both highly visible and accessible for travelers. The hotel offers access to walking trails along the Clearwater River and excellent proximity to National Parks, as well as outdoor activities. All rooms are non-smoking and room mix includes Queen Singles, Queen Doubles, and Suites with refrigerators and microwaves. Property has an on-site studio, with 1 bath and kitchenette, perfect for Owner/Operator, or for Manager’s Quarters. Current absentee ownership means huge upside potential for hands-on management.
Lewiston, Idaho is a haven for outdoor enthusiasts with attractions such as Hells Gate State Park and the Snake and Clearwater Rivers with ample options for jet boat tours and guided fishing and hunting expeditions. The Nez Perce National Historic Park features ancient artifacts in displays which showcase the lives of early Native American inhabitants. Winchester Lake State Park is home to a pristine 104-acre lake. Lewiston Civic Theatre offers a variety of productions throughout the year. The Lewis-Clark Valley area offers an excellent port system, is located at the confluence of major interstate highways, has an attractive business climate, offers mild year-round weather, and provides an excellent quality of life.
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!
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. Please call with questions regarding this requirement.
Special Property Features Include:
- Interior Corridor Hotel
- Newly Rebranded in 2018
- Ample Car, Truck & RV Parking
- Conveniently Located at Highway Junction
- Excellent Proximity to National Parks
- On-site Owner’s/Manager’s Quarters
Location: Highway, Idaho
Type: Select Service, Franchise
Cap Rate: 7.47%
ROI/Cash Flow: 8.57%