This investment property in the Last Chance area presents an exciting opportunity for those seeking a multifaceted investment. This property comes with a laundromat, 10 meticulously designed motel rooms, each featuring its own bathroom, and 4 charming cabins ideal for short or long term rentals, this property offers versatile income potential. The cabins, thoughtfully designed with 2 bedrooms, 1 bath, a comfortable living area, and fully equipped kitchens, cater to the needs of discerning guests and long-term tenants alike. Positioned within a short stroll of the Henry's Fork of the Snake River, as well as local amenities such as restaurants, gas stations, and bars, the property's location is primed for both convenience and leisure. With direct access to recreational trails suitable for activities like snowmobiling and hiking, this property promises a rewarding investment prospect in a vibrant and dynamic locale. Motel & Laundromat property was built in 1998 and fully remodeled (walls, plumbing, fixtures, etc) in 2022.
MLS# | 2162575 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1998 |
Days On Site | 273 |
Listing Provided By | Outback Real Estate, LLC | Monika Boyce |
Bath(s) | 15 |
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SQ Feet | 8,700 |
Story(s) | 1 |
Zoning | General Zoning: Ip-Commercial,Sp |
Acreage | 0.69 |
State | ID |
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County | Fremont |
City | Island Park |
Zip Code | 83429 |
Area | Island Park |
Subarea | Island Park |
Community Name | Last Chance Ranch Fre |
Listing VS Median (in Last Chance Ranch Fre) | |
Price: $3,490,000 low | high Med: $349,000 SqFt: 8,700 low | high Med: 800 $ / SqFt: $401 low | high Med: $436 On Site: 273 low | high Med: 108.000000 |