Property profile

900 Main St 1-11 Cascade, ID 83611

OFF-MARKET
Commercial real estate
Property ID
US27-0966422
3,618 SF 0.6 ac lot Built 1975
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 3,618 SF
Lot 0.6 ac (26,018 SF)
APN RPC00000315656
UPID US27-0966422

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

900 Main St, Unit 1-11 Cascade, ID 83611-5228
Cascade metro Census 970100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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