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Westshore Lodge 319 W Magic Rd

5 Room Bed and Breakfast West Magic, ID 83352 $895,000 ($179,000/Room)

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INVESTMENT HIGHLIGHTS

Quiet, year around access, almost 10,000 under roof, instant housing and income from storage, cannot be replaced for the price

EXECUTIVE SUMMARY

Instant Housing and income available. An opportunity to own you own business and fish every day. Turn key Lodge with restaurant, bar, store and living quarters. 5 room motel, 8 unit RV park with power and water to each hookup, multiple out buildings, shops and garages. Pond, open space, sun room, a quiet place to live and have a little business, easy drive to the Valley. This property is perfect for a construction or landscaping company that need immediate housing and storage for equipment and materials, or corporate retreat, multigenerational retreat, event center, mini storage development or? The owners have not opened the property to the public for 15 years and have been using it as their own private retreat in their retirement years, so the property is in great to excellent condition, move in ready. The adjacent property is a 3 bedroom 2 bath modular home, with a Mackinaw Island Hotel type of front porch, that has never been lived in, can also be purchased with this property for $395,000, which would make this a 6 acre holding. At this price point, it is impossible to reproduce. Give me a call for your personal tour. Buyer to verify all information to their own satisfaction.

FINANCIAL SUMMARY (ACTUAL - 2023)	ANNUAL	ANNUAL PER SF
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$2,431	$1.13

FINANCIAL SUMMARY (ACTUAL - 2023)

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$2,431
Annual Per SF	$1.13

PROPERTY FACTS

Price	$895,000	Building Size	2,160 SF
Price Per Room	$179,000	No. Rooms	5
Sale Type	Investment	No. Stories	1
Sale Condition	1031 Exchange	Year Built	1980
Property Type	Hospitality	Tenancy	Single
Property Subtype	Bed and Breakfast Specialty Self Storage Specialty Religious Facility Specialty Trailer Camper Park	Parking Ratio	5.16/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	4.79 AC

Price	$895,000
Price Per Room	$179,000
Sale Type	Investment
Sale Condition	1031 Exchange
Property Type	Hospitality
Property Subtype	Bed and Breakfast Specialty Self Storage Specialty Religious Facility Specialty Trailer Camper Park
Building Class	C
Lot Size	4.79 AC
Building Size	2,160 SF
No. Rooms	5
No. Stories	1
Year Built	1980
Tenancy	Single
Parking Ratio	5.16/1,000 SF
Corridor	Exterior