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$2.4M total
—
Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
95%
Lot Size
8.08 ac
Amazing doesn't begin to describe this incredible property that is currently being operated as a vacation rental. The main house is a stunning masterpiece of craftsmanship, featuring solid wood posts, beams, doors, trims, floors, walls, and furniture. It has both a commercial kitchen and a full-sized kitchen in the suite The south-facing decks showcase panoramic views of the Columbia River and Selkirk Mountains. There are wood-burning fireplaces, an outdoor pizza oven, a sauna, and multiple multipurpose rooms for exercise, media, meditation, or anything else you can imagine. It's a big place with 6 bedrooms, 6 bathrooms, plus 6 private guest rooms with en-suite bathrooms, 5 private cabins, and a chalet with 3 separate suites. This property is perfect for a large family wanting to cohabitate or anyone that interested in offering sort or long term rentals. This place is fully furnished; including appliances, tools, linens, dishes and all the supplies you need to run a business. The 8.08-acre lot features a large grassy meadow with potential for livestock, additional development, RV Parking or nearly any other uses because there is no zoning or bylaws in Parson. Recently appraised at $3,800,000, this one-of-a-kind property offers luxury, versatility, and incredible opportunities. For those seeking even more, the sellers are also selling the adjacent 9-acre parcel (MLS #10346206). Click the media links for video tours and experience this extraordinary estate for yourself! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$184K
Annual cash flow
$54K
Cash-on-cash
7.68%
DSCR
1.42
Going-in cap
7.85%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
46,132
Households
16,836
Median income
$73,500
Median age
41.7
Daytime population
66,125
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3483 Highway 95, Parson.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.