Syringa Lodge

Salmon, Idaho
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USD $3,200,000
Asking Price
8
Guest Rooms
7
Baths

Property Overview

Syringa lodge has 8 unique guest rooms, 6 guest rooms each with private baths and 2 additional guest rooms with shared bathroom


Property Description

1995
Year Built
10,740
Sq Ft
No Restaurant
Owners Quarters

Established Bed & Breakfast business in the heart of historic Salmon Idaho. This GORGEOUS three story log lodge can be used as a private residence as well as a short term rental/bed and breakfast with great income potential. It is currently operated and utilized as a four season property and regular bookings year round. Syringa lodge has 8 unique guest rooms, 6 guest rooms each with private baths and 2 additional guest rooms with shared bathroom. The lodge comes fully furnished with inventory and supplies. Located on the third floor the owner's suite has a large living area, master bedroom with master bath and walk-in closet and a second bedroom, full bath, laundry facility and office/3rd Bedroom. In the basement you will find a fully finished remodeled 2 bedroom apartment to provide living quarters for employees or it could be rented out separately for additional income. There is also ample storage areas and a lap pool in the basement. With fabulous views overlooking the city of Salmon as well as majestic views of the surrounding mountains, you will surely have the peaceful feeling needed to relax and unwind on one of the many outdoor balconies. Located on the Salmon river this property offers a variety of outdoor activities as well as of local activities in town.


Business Summary

$150,000
Revenue Per Room
5 x
Gross Revenue Mulitplier

The bed and breakfast is fully furnished with inventory and supplies. Estimated cap rate is 5% and could be higher if Inn is ran at full occupancy.


Reason for Selling

Seller is retiring


Location

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