90 2nd St Asotin, WA 99402
Estimated payment $2,904/month
Highlights
- Cooling System Mounted To A Wall/Window
- Wood Siding
- No Heating
- Asotin Elementary School Rated A-
About This Home
The Asotin Lodge! Cash cow investment property at a 10% CAP Rate with additional upside. Full renovation in the early 2000s, make this property clean and solid. 4 hotel rooms are new with kitchenettes are bringing in ~$22.9k NET annually leasing to traveling nurses. Restaurant space is on a Triple-Net Lease at $2,730/month. THE UPSIDE --> Hotel rooms are only leveraged at approx 50% capacity because they are not being marketed. Landlord owns the restaurant kitchen trade fixtures, but tenant maintains them. Restaurant lease is up in Aug 2026, but option to extend. Fuel tanks from the gas station are still available. They have been placed in inactive status, but the owners have kept up on all the state inspections and have protection equipment on them. Land to the West of the lodge is part of this parcel, and had been planned for RV Spaces or considered Jet Boat storage bays. Buyer to verify feasibility of the possibilities of the extra lot space and what would be required to re-activate fuel pumps.
Listing Agent
Coldwell Banker Tomlinson Associates Brokerage Phone: 208-746-7400 Listed on: 05/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,344
Year Built
- Built in 1969
Lot Details
- 0.39 Acre Lot
Parking
- 10 Parking Spaces
Home Design
- 3,513 Sq Ft Home
- Wood Siding
- Log Siding
- Pre-Cast Concrete Construction
Schools
- Asotin Elementary And Middle School
- Asotin High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- No Heating
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 10440000800010000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,344 | $408,100 | $49,900 | $358,200 |
| 2023 | $3,344 | $306,300 | $49,900 | $256,400 |
| 2022 | $3,429 | $306,300 | $49,900 | $256,400 |
| 2021 | $3,250 | $306,300 | $49,900 | $256,400 |
| 2020 | $3,185 | $306,300 | $49,900 | $256,400 |
| 2019 | $2,895 | $288,000 | $58,300 | $229,700 |
| 2018 | $3,662 | $288,000 | $58,300 | $229,700 |
| 2017 | $3,362 | $288,000 | $58,300 | $229,700 |
| 2016 | $3,362 | $288,000 | $58,300 | $229,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Price Changed | $499,000 | -9.3% | $142 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $550,000 | -- | $157 / Sq Ft |
Source: Intermountain MLS
MLS Number: 98948809
APN: 1-044-00-008-0001-0000
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