This attractive lodge/motel fronts on Hwy 95 at the south end of Bonners Ferry, ID. It includes 12, soon to be 13 guest units, a restaurant and 1872 SF of manager/owner's living space. The lodge was built in 1994 and is currently owner-operated. This lodge is ideally located 1/4 mile from Mirror Lake Golf course, and approx. 40 min from Canadian Border and 45 min from Schweitzer Mtn ski area, each contributing to the steady guest list of the lodge. ITD has registered nearly 8,000 vehicles per day passing through the border which generally requires traveling through Bonners Ferry. Per US Climate Data, temps in the summer average highs of 84*F and winter lows of 21*F. At this asking price, based on ytd NOI, it is projected by year end that this business will generate a 9.3% Cap Rate.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
