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Alpine Lodge & RV – Image Credit Crystal Investment Property
Alpine Lodge & RV, a 48-key economy resort with diverse accommodation options in Cascade, Idaho, presents an attractive investment opportunity with expansion options and a high return on investment.
Alpine Lodge & RV, a 48-key economy resort in Southwest Idaho, offers a promising investment opportunity. The property’s diverse accommodation styles, including tent campsites, RV sites with full hookups, and recently renovated lodge and motel rooms, cater to various guest preferences.
The resort’s on-site Clubhouse, available for events and gatherings, enhances its appeal to families and groups. It also provides several amenities like indoor and outdoor fish cleaning stations, refrigerators, freezers, on-site laundry, community fire pits, and boat charging facilities. The resort’s additional income comes from selling firewood, ice, and propane.
One of Alpine Lodge & RV’s key selling points is its potential for expansion. The property could increase its capacity by adding more RV parks or camping cabins in the future. Options are also available for on-site employee housing or quarters for an owner or manager, contributing to the property’s turnkey investment appeal.
Located on Highway 55 and approximately 90 minutes from Boise, Idaho, the resort benefits from its strategic position. It is surrounded by the West Central Mountains, where year-round activities like whitewater rafting, hiking, skiing, and fishing attract a steady stream of guests.
Cascade, Idaho, less than a two-hour drive from Boise, is an attractive weekend getaway for locals and tourists. Known as a year-round outdoor activity hotspot, it offers many recreational opportunities. Outdoor enthusiasts can enjoy hiking, mountain biking, hunting, camping, boating, kayaking, and paddleboarding. The area boasts no less than seven hot springs for those seeking relaxation. Lake Cascade is particularly attractive for fishing enthusiasts, known for its ice fishing and record-breaking Perch.
Investment highlights of the property include a 9.81% cap rate, a 15.11% return on investment, and a 5.53 Gross Rent Multiplier. The property is a turnkey investment with diverse lodging options and ample parking. There is potential for expansion in the RV park or cabin areas, and it also offers options for on-site employee housing. Its proximity to Boise and the year-round demand drivers add to the property’s appeal. The event space’s ability to cater to fishing enthusiasts further enhances the resort’s attractiveness.
Inquire at Crystal Investment Property via CREXI.
