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Hotel-Motel

THE ASHLEY INN

500 N Main St, Cascade, ID 83611

Listing Price: $5,000,000

Number of Rooms
67
RevPAR
$45
Gross SF
59,548
Price/Room
$74,627
Price/Gross SF
$83.97
Year Built
2003

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale The Ashley Inn, an unencumbered by flag, 3-story 67 room interior-corridor hotel located in Cascade, Idaho. Built in 2003, The Ashley Inn is a three-story, elegantly appointed interior-corridor resort. Exquisite Victorian architecture, inspired by the Hotel del Coronado, entices visitors from around the world. The premises consists of 59,948 square feet situated upon 4.13 acres of land.

Investment Highlights

  • Adjacent to National Scenic Byway connecting Boise to Lake Cascade
  • Excellent Revenue-Management Growth Prospect
  • Room revenues in 2020 were North of 1.1M 2018, 2019 and 2020
  • Byway connects to Tamarack & Brundage Ski Resort
  • 67 Interior-Corridor Guest Rooms & Luxury Suites
  • Seventy-Five Miles / 1.5 Hour Drive From Boise, Idaho

Broker of Record

  • Curtis B. Cluff

    Associate

    License(s): ID: DB45556

    Idaho

Financing By

Listing Price: $5,000,000

Number of Rooms
67
RevPAR
$45
Gross SF
59,548
Price/Room
$74,627
Price/Gross SF
$83.97
Year Built
2003

Investment Highlights

  • Adjacent to National Scenic Byway connecting Boise to Lake Cascade
  • Excellent Revenue-Management Growth Prospect
  • Room revenues in 2020 were North of 1.1M 2018, 2019 and 2020
  • Byway connects to Tamarack & Brundage Ski Resort
  • 67 Interior-Corridor Guest Rooms & Luxury Suites
  • Seventy-Five Miles / 1.5 Hour Drive From Boise, Idaho

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale The Ashley Inn, an unencumbered by flag, 3-story 67 room interior-corridor hotel located in Cascade, Idaho. Built in 2003, The Ashley Inn is a three-story, elegantly appointed interior-corridor resort. Exquisite Victorian architecture, inspired by the Hotel del Coronado, entices visitors from around the world. The premises consists of 59,948 square feet situated upon 4.13 acres of land.

Broker of Record

  • Curtis B. Cluff

    Associate

    License(s): ID: DB45556

    Idaho

Financing By

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