978 Highway 395 N - Hospitality FOR SALE


Kettle Falls, WA 99141
$2,100,000 USD
503-577-7710
978 Highway 395 N, Kettle Falls, WA for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/18
null | 10.2% Cap Rate

978 Highway 395 N
Kettle Falls, WA 99141


OVERVIEW

A fully-renovated lifestyle resort on 4.23 acres along US-395, minutes from Lake Roosevelt and the Colville National Forest. The property combines a 13-room vintage hotel, 24-site RV park, two glamping tents, and a 2BR vacation home with attached lobby. Operated by JET Hospitality, with revenue growing from $270,000 in 2021 to $439,693 on a trailingtwelve-month basis ending April 2026 — and a long-term Group Contract executed May 2026 securing significant inplace income.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$262 USD /SF

# OF ROOMS

12

PRICE/ROOM

$175,000 {currency}

CAP RATE

10.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbia Point Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

19

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

Commercial

APN/PARCEL ID

1922300

ASK ABOUT THIS PROPERTY

Brian Resendez, CCIMNW Hotel AdvisorsMore Info
503-577-7710

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Brian Resendez, CCIMNW Hotel AdvisorsMore Info
503-577-7710

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.