Rainbow Lake Lodge $1,400,000

Offered at 100K below 2008 appraisal. Seller is motivated. Located in the White Mountains of Arizona. 17 authenic 1 Bd Rm Log Cabins with Kitchenettes, separate owner/manager house and 3,400/sf commercial retail bldg. tall pines, vintage apple trees on the property and creek running behind property. Highly accessible location on Hwy US 260 in Northeast Arizona with skiing, hiking, fishing, kayaking and historic areas of interest nearby. Revenues do not reflect this property's potential with the superb renovations. Seller willing to carry some of the purchase price for qualified buyer with reasonable down payment. property re-opened may 2008 after complete renovations of all cabins and owner/manager house.

Details

  • Built in 1951
  • 47 years as B&B
  • Last renovation in 2008
  • 17 Guest Rooms
  • 17 Guest Bathrooms
  • 30 Parking Spots
  • Has owner's quarters
  • $1,400,000
  • 38% annual. occ. rate
  • $89.00 avg daily rate
  • $147,000 gross revenue

Listing Agent

Dennis Campbell, Campbell Realty Advisors, Inc
12447 W Maya Way
Peoria, AZ 85383

Phone: 602-402-6665
email: dcampbell@campbellra.com
Log Cabin Inn

Location

1638 W White Mountain Blvd Lakeside, AZ 85383

Photos (click to enlarge)

interior view of cabins and tall pines
close up of cabin all cabins have full kitchenette, individual H/W heater, and propane heating
cabin interior, with pullout sofa sleepers in addtion to queen bedroom

Featured Inn Brokers


Agents Join Today!



B&B Inns for Sale