request_info_guest false

Alpine Lodge & RV

$3,000,000

900 South Main Street, Cascade, ID 83611

Active
Last Updated: 02/25/2025

9.81

Cap Rate

294,232

NOI

Details:
Cap Rate:    9.81%
NOI:    $294,232
Building Size:    6,925 sqft
Lot Area:    4.63 acres
Units:    48
Year Built:    1975
Floors:    2
Year Last Renovated:    2024
Highlights:
  • 9.81% Cap Rate, 15.11% ROI & 5.53 GRM
  • Turnkey Property With Diverse Lodging Mix
  • Recently Renovated With Ample Parking
  • Potential To Expand RV Park/Cabins
  • Options For On-Site Employee Housing
  • 90 Min To Boise/Year-round Demand Drivers
  • Event Space Caters To Fishing Enthusiasts
Description:

BACK ON MARKET!

Southwest Idaho Resort Opportunity

Alpine Lodge & RV is a 48-key economy resort with a well-rounded mix of accommodation styles. The property offers room options, including tent campsites, ample pull-thru and back-in RV sites with full hookups, and newly renovated lodge and motel rooms. The on-site Clubhouse is available for events and offers a gathering space for guests, enhancing its appeal to groups and families. Amenities include indoor and outdoor fish cleaning stations, refrigerators, freezers, on-site laundry, community fire pits, and boat charging facilities. The resort currently offers firewood, ice, and propane for additional income.

The property has the potential to expand the RV park or add additional camping or cabins in the future. Options for employee housing or on-site owner/manager’s quarters provide added flexibility for operations, making this a turnkey investment opportunity with significant upside potential.

Situated on Highway 55 and just 90 minutes from Boise, Idaho, the property benefits from year-round demand-driver activities like whitewater rafting, hiking, skiing, and fishing in the West Central Mountains.

Cascade, Idaho is less than a 2-hour drive from Boise making it an attractive weekend getaway for locals and tourists alike. Cascade is well-known as a destination for year-round outdoor activities. The mountains, wilderness areas, rivers, and lakes make this area perfect for recreation, sports, and “getting away from it all.” Outdoor enthusiasts may choose to hike, mountain bike, hunt, camp, boat, kayak, or paddleboard. For visitors looking to relax, the Cascade area has at least seven different hot springs. For avid fishermen, Lake Cascade is well-known for ice fishing and the biggest Perch in the world.

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. 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.

Map:
Documents:
Title
Alpine_Lodge___RV_Flyer.pdf
CIP-DISCLOSURE-ID.pdf
CIP-CONFIDENTIALITY.pdf
CIP Listing Page
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery