Trout Lake Cozy Cabins
5 Room Hotel | Trout Lake, WA 98650 | $1,989,366 ($397,873/Room) | 7.80% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,989,366
- Property Type
-
Hospitality
- Square Feet
- 3,350 SF
Listing Contacts
Christina Wood
Verified Profile
- Property Info
Property Overview
Discover the perfect blend of rustic charm and modern comfort with Trout Lake Cozy Cabins, an exceptional investment opportunity. This property boasts 5 meticulously maintained cabins nestled in a serene wooded setting and includes a restaurant/lodge (currently leased) on a 2.18-acre lot. Each cabin radiates charm with cedar siding, blued pine interior walls milled from trees on the property, kitchenettes (with Cabin #5 featuring a full kitchen and laundry), bathrooms, and cozy propane fireplaces.
The property is a haven of natural beauty and relaxation, featuring lush lawns, gardens, a community fire-pit, hammocks, a waterfall feature, a plumbed and wired hot tub area, and an in-ground sprinkler system. Guests can soak in breathtaking views of majestic Mt. Adams from their porches or explore nearby attractions such as Mt. Adams Wilderness, Gifford Pinchot National Forest, hiking trails, waterfalls, ski trails, sno-parks, mountain lakes, fishing areas, and more.
Trout Lake Cozy Cabins has built a loyal customer base with frequent returning guests and strong word-of-mouth referrals. The cabins enjoy year-round demand, driven by seasonal recreational activities. Whether guests are skiing or snowmobiling in the winter, fishing in the spring, hiking or swimming in the summer, or hunting in the fall, there is something for everyone.
This property offers significant upside potential through expansion, renovation, and increased marketing efforts. Currently, the business relies heavily on referrals with minimal advertising over the past decade. The idyllic setting also makes it perfect for hosting events such as weddings, retreats, and reunions.
Located within close proximity to Portland and Seattle (just 1.5 hours from Portland International Airport), this is a rare chance to own a thriving, income-producing property in the heart of the Pacific Northwest.
Seller is a licensed WA realtor. Property tours must be arranged in advance. Financials will be released with a signed NDA. Don't miss out on this unique opportunity to invest in a piece of paradise.
The property is a haven of natural beauty and relaxation, featuring lush lawns, gardens, a community fire-pit, hammocks, a waterfall feature, a plumbed and wired hot tub area, and an in-ground sprinkler system. Guests can soak in breathtaking views of majestic Mt. Adams from their porches or explore nearby attractions such as Mt. Adams Wilderness, Gifford Pinchot National Forest, hiking trails, waterfalls, ski trails, sno-parks, mountain lakes, fishing areas, and more.
Trout Lake Cozy Cabins has built a loyal customer base with frequent returning guests and strong word-of-mouth referrals. The cabins enjoy year-round demand, driven by seasonal recreational activities. Whether guests are skiing or snowmobiling in the winter, fishing in the spring, hiking or swimming in the summer, or hunting in the fall, there is something for everyone.
This property offers significant upside potential through expansion, renovation, and increased marketing efforts. Currently, the business relies heavily on referrals with minimal advertising over the past decade. The idyllic setting also makes it perfect for hosting events such as weddings, retreats, and reunions.
Located within close proximity to Portland and Seattle (just 1.5 hours from Portland International Airport), this is a rare chance to own a thriving, income-producing property in the heart of the Pacific Northwest.
Seller is a licensed WA realtor. Property tours must be arranged in advance. Financials will be released with a signed NDA. Don't miss out on this unique opportunity to invest in a piece of paradise.
Property Details
- Class
- C
- Year Built/Renovated
- 1995/2022
- Stories
- 1
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 94,961 SF
- Units
- 5
Highlights
- Cozy Rustic charm combined with modern amenities to provide guests with a comfortable and enjoyable experience for families, and romantic getaways
- Year-round recreation helps support year-round demand
- Located close to major Metro areas of Portland, Seattle, and Vancouver helps provide a major source of ongoing demand
- Views of Majestic Mt. Adams on the property and from multiple cabins
- Restaurant space currently leased and operated as a pizza restaurant. Building could potentially be remodeled into another cabin or owners quarters
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