The Inn At The Lake

Newport, WA (Pend Oreille County)

The Inn at the Lake-back view
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Asking Price: $1,250,000

Cash Flow: $62,699

Gross Revenue: $124,876

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,250,000

Established: 2015

The Inn At The Lake

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Business Description

The Inn at the Lake

Currently operated as a successful Bed and Breakfast with 7 bedrooms and 7 bathrooms, beautifully maintained with quality linens and room amenities. Property has magnificent views from 2 separate decks overlooking Diamond Lake and has 75ft of frontage on a sandy beach with kayak and paddle boating for guest use. Roomy and light filled lounge with eating area and fireplace are just a few of the many amenities this property offers. clear trending growth in reservations and income with potential for gift shop and day spa expansion. In 2018 it was awarded the coveted 5-star award from Trip Advisor. This property has great potential to take it to the next level. Listed by Danny Davis 208-691-6003 with Coldwell Banker Commercial 208-664-1461

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Detailed Information

Location:
Newport, WA
Real Estate:
Owned
Included in asking price
Building SF:
7,039
Facilities:
Nicely appointed furnishings, room equipped with coffee maker, microwave, flat screen TV & DVD. Large main lounge area has comfy seating and picture windows to enjoy the view. Community dining and laundry facility available. Also kayaks and paddleboating available for guest use. All furnishing are included in sale price. (Home Based)
Competition:
Only facility like this in the immediate area. Has been booked many times for Bridal parties and other social get-away events.
Growth & Expansion:
Let your imagination go with the possibilities for this magnificent facility. Room for gift shop and day spa. Also brand new Casino just to the North of this property offers partnership opportunities for future growth.
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
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Business Listed By:
Danny Davis

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