2128 8Th AveLewiston, ID 83501
For Sale
$8,500,000
52-Key Hotel, 7.7% Cap Rate
Overview
- Added:
- Feb 13
- Days on market:
- 29
Highlights
- $8,500,000 asking price for a Core investment opportunity.
- Quality Inn branded, 52-key hotel with 71 beds.
- 24,374 square feet on a 2.401-acre lot, Lewiston, ID (83501).
- 7.7% cap rate, 72.7% occupancy (2023), $348.73 price per square foot, $163,461.54 price per key.
- Two-story building, built in 1995, renovated in 2024, C6 zoning.
- Preliminary city approval for a 30-RV hookup park or hotel expansion, projecting $834,000 net income and a 9.8% cap rate with the RV park.
Property Details for 2128 8Th Ave
- Property type
- Other hospitality properties, Hotels
- Square Feet
- 24,374 SF
- Year Built/Renovated
- 1995/2024
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 104,588 SF
Location Insight
- City
- Lewiston
- County
- Nez Perce
- State
- Idaho
- Latitude
- 46.4116435
- Longitude
- -117.0007009
2128 8Th Ave, Lewiston, Idaho
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
