900 Main St Cascade, ID 83611

Property Details for 900 Main St

Year built

1975

Lot size

0.60 lot acres

Property size

3,618 SF

Property type

Commercial real estate

APN

RPC00000315656

APU

RPC00000315656

Description

This turnkey hospitality investment opportunity, listed at $3,000,000, boasts a 10.06% capitalization rate and a strong net operating income of $301,762. The Alpine Lodge & RV, located at 900 S Main St, Cascade, ID 83611, is a 48-key economy resort featuring a diverse mix of accommodations including newly renovated lodge and motel rooms, tent campsites, and ample pull-thru and back-in RV sites with full hookups. Five buildings on a 4.63-acre lot, built in 1975 and renovated in 2024, comprise this two-story property. Amenities include an on-site clubhouse perfect for events, indoor and outdoor fish cleaning stations, refrigerators, freezers, on-site laundry, community fire pits, and boat charging facilities. Additional income streams are generated from the sale of firewood, ice, and propane. The property offers significant upside potential through expansion of the RV park or addition of cabins. Employee housing or owner/manager quarters are available. Located 90 minutes from Boise, Idaho, and situated on Highway 55, the resort benefits from year-round demand driven by activities such as whitewater rafting, hiking, skiing, and fishing in the West Central Mountains. Cascade is a popular destination for outdoor enthusiasts, offering access to numerous lakes, rivers, and hot springs. All information is obtained from sources deemed reliable but subject to buyer verification. Building size is approximate.