The Last Resort
Transcription
The Last Resort
14254 Salmon La Sac Road Ronald, WA 98940 Full Resort Offered at $1,499,000 Restaurant Only $425,000 Owner Financing Available Contents The Last Resort Attractions Resort Features Financial Summary Flyers Scott T. Phariss, Broker Windermere Real Estate/Shoreline hipshaw.com • 206-931-9027 The Last Resort Attractions & Activities Income Streams Restaurant The restaurant has a rustic feel with home made meals and pies. The large remodeled upper dining area has a service bar, and a huge fireplace. The Last Resort THE LAST RESORT Store & Gas Snowmobile Rentals Well stocked, the store caters to all activities available. The 4,000 gallon pump serves up true Premium gas for performance engines. Snowmobile rentals are now an option and motel packages include snowmobile rentals. RV Park Motel Nine unit RV park has full hook-ups, year-round tenants, and stays busy in both spring and summer. Twelve unit motel includes two large double units. Snowmobilers, equestrians, boaters, hunters are just some the activity seekers using this facility. Storage A-Frame Rental Units Rental Modular Home Rental Ten storage units are in use, including a shop for site storage. Five of the units are currently leased. Each unit is 10 x 22 in size. The large modular home is just above the restaurant. Approx. 1440 sq. ft. currently leased. The A-frame is a 575 sq. ft. rental unit and currently has a year round tenant. hipshaw.com • 206-931-9027 Activities AMENITIES mountain air Skiing Boating pristine lakes Snowmobiling Hunting Fishing Hiking & Backpacking Equestrian RV & Tent Camping Water Sports Bird Watching wilderness wildlife The Last Resort hipshaw.com • 206-931-9027 Cle Elum Lake AMENITIES DESTINATION Beautiful in winter, and full of recreation seekers in spring, summer and fall, Cle Elum Lake is a true mountain lake. Surrounded by forests and Park Service lands, the lake hosts some of the most beautiful private homes and cabins in the area. Groomed trails allow homeowners and snowmobilers to travel to The Last Resort for fuel, supplies, breakfast, lunch and dinner. ASSOCIATED INCOME VALUE ACTIVITIES Boat launches are very accessible and the Pump at the resort keeps the boaters fuelled up, while the store keeps the boaters and campers supplied. Gas Sales General Store Purchases Motel Rentals Camping Site Rentals Restaurant Services Rental Storage Units (Seasonal) Power Boating Water Sports Hiking Canoeing Fishing Wildlife Encounters And more... The Last Resort hipshaw.com • 206-931-9027 Washington State Park Trails DESTINATION The groomed state park trails are a winter wonderland for snowshoers, and snowmobilers from both western and eastern Washington. In the spring, summer and fall, the hiking and camping crowd knows The Last Resort as a destination. Equestrian enthusiasts have ample support with RV and parking facilities. AMENITIES ASSOCIATED INCOME VALUE Fuel Sales Year Round General Store Purchases Motel Rental Camping Site Rentals Restaurant Services Rental Storage Units (Seasonal) ASSOCIATED INCOME VALUE Backpacking and Camping Equestrian Trail Riding Snowmobile in Winter Snow Shoeing Bird Watching Wildlife Encounters Hunting And more…. The Last Resort hipshaw.com • 206-931-9027 Town of Roslyn AMENITIES DESTINATION The rustic town of Roslyn Washington, famous for the filming of the Emmy Award winning TV series “Northern Exposure” is just a few minutes from The Last Resort. Visit The Brick Tavern and the Roslyn Café where scenes were filmed. Founded in 1886 as a coal mining town, Roslyn offers a glimpse back in time. From quaint old stores to old school hardware shops, Roslyn is a great little town to visit year round. ATTRACTIONS AND SERVICES Restaurants Entertainment Museum Mine Tours Coal Miners Trail Supplies Local Shops The Last Resort hipshaw.com • 206-931-9027 The Last Resort hipshaw.com • 206-931-9027 Ellensburg is 36 miles east of The Last Resort on I-90. The Last Resort is located 90 miles east of Seattle. The Last Resort Resort Features Restaurant DESCRIPTION For sale separately for $425,000.00 with proposed lot split, the Restaurant with service bar on each level is a destination for locals and visitors both. Established and family owned for over 25 years, the restaurant is large and supports high volume. The newly remodeled upper dining area is now supportive of family use, and includes a service bar and huge fireplace. The separate entrance and parking for the upper restaurant level makes logistics even easier. IMPROVEMENT VALUE Kittitas County has assessed the improvement value of the restaurant at $552,270.00 for 2010. With a lot split if purchased separately, current land value of the 5.41 acres is $221,890.00 in 2010. (Lot split to 1.3 acres with restaurant only purchase. Land value to be determined.) CURRENT REVENUE See summary. PROPOSED LAND/LOT SPLIT FOR SEPARATE PURCHASE The Last Resort hipshaw.com • 206-931-9027 Modular Home DESCRIPTION The modular home on site is approximately 1440 square foot with master bedroom and 3/4 bath, 2 additional bedrooms and a full bath. Heat is electric and gas stove. Both operational. The unit is covered by a snow roof protecting the modular from snow loads. A covered mudroom/shop enclosed the rear entry area. IMPROVEMENT VALUE $64,060.00 on personal property tax rolls. The current insured replacement value is $85,000.00. LAND VALUE Land value is wrapped in the 5.14 acres that also includes the restaurant and RV sites. CURRENT REVENUE The unit is currently rented for $800.00 per month, with no utilities. The Last Resort hipshaw.com • 206-931-9027 RV Park DESCRIPTION IMPROVEMENT VALUE The RV park holds 9 RV's. The sites include electricity, cable, water and sewer hook-ups. Room for extra vehicle parking is also available on site. LAND VALUE Land value is wrapped in the 5.14 acres that also includes the restaurant and modular home. CURRENT REVENUE RV sites offers room for expansion. Two spaces are currently rented on a monthly basis. Current rates are $25 per night or $375 per month. The Last Resort hipshaw.com • 206-931-9027 A-Frame DESCRIPTION The A-Frame cottage on site is a 525 square foot unit. It has electric heat, a full loft bedroom with a full kitchen and one bathroom. Open parking with no covered parking at this time. IMPROVEMENT VALUE Kittitas County has assessed the unit improvement value of $25,000.00 for 2010. LAND VALUE Kittitas County has assessed the land value at $113,800.00 in 2010. Land value is wrapped in the 1.46 acres that also includes the store, gas, shop and storage. CURRENT REVENUE The unit is currently rented out at $350.00 per month, not including utilities. The Last Resort hipshaw.com • 206-931-9027 Shop & Storage Units DESCRIPTION The 10 storage units or bays are 10 X 22 in size. Currently the end unit is a shop for the resort and also serves as a storage depot for some supplies. The shop area is 15 X 22. IMPROVEMENT VALUE Kittatas County has assessed the improvement value at $55,000.00 LAND VALUE Kittitas County has assessed the land value at $113,800.00 in 2010. Land value is wrapped in the 1.46 acres that also includes the store, gas, and a-frame. CURRENT REVENUE Currently, 5 units or bays are rented out at $100.00 per month per unit. The Last Resort hipshaw.com • 206-931-9027 Store & Gas Pump DESCRIPTION The General Store is one of the most well stocked you will see in any resort. 25 years of experience has enhanced the year round supplies available. With true Premium (no additives) in the pump, recreational vehicles run at a better performance level. Catering to year round customers, this store also supplies many of the private homes and cabins who do not need to go into town to get what they need. IMPROVEMENT VALUE Kittitas County has assessed the improvement value of the store at $66,800.00 in 2010. LAND VALUE Kittitas County has assessed the land value at $113,800.00 in 2010. Land value is wrapped in the 1.46 acres that also includes the a-frame, shop and storage. CURRENT REVENUE See summary. The Last Resort hipshaw.com • 206-931-9027 Motel DESCRIPTION The 12 unit motel includes two large double units. Snowmobilers, equestrians, boaters, hunters are just some the activity seekers using this facility. Services include: cable TV, coffee maker, shower and queen sized beds. Rooms are non-smoking with two pet room available. IMPROVEMENT VALUE Kittitas County has assessed the improvement value of the motel at $182,380.00 in 2010. The current insured replacement value is $249,000.00 per building. LAND VALUE Kittitas County has assessed the 3.11 acre land value for the motel at $270,940.00 in 2010. CURRENT REVENUE Single $50.00 + tax per night Double $65.00 + tax per night Two pet rooms with $15.00 additional charge The Last Resort hipshaw.com • 206-931-9027 The Last Resort Financial Summary FINANCIAL SUMMARY Land Value 5.14 Acres $221,890.00 Building Improvement Value Current Revenues Restaurant $552,270.00 $201,864.00 Modular Home $64,060.00 RV Sites 1.46 Acres 3.11 Acres $113,800.00 $270,940.00 --- Rentals: $27,944.00 Miscellaneous Rentals (i.e. snowmobiles) $8,651.72 A-Frame $25,000.00 Shop & Storage $55,000.00 Store & Gas $66,800.00 $325,310.27 Motel $182,380.00 * $32,141.09 * Current insured value is $249,000 per building. The Last Resort hipshaw.com • 206-931-9027 The Last Resort hipshaw.com • 206-931-9027 The Last Resort Scott T. Phariss, Broker Windermere Real Estate/Shoreline hipshaw.com • 206-931-9027 Full Resort Offered at $1,499,000 Restaurant Only $425,000 OWNER FINANCING AVAILABLE. CALL FOR DETAILS. 14254 Salmon La Sac Road Ronald, WA 98940 Located just 90 miles east of Seattle off I-90. Restaurant has a rustic feel with home made meals and pies. Remodeled upper dining area has a service bar and large fireplace. Well stocked store caters to all activities available. 4,000 gallon pump serves Premium gas for performance engines. Land Value 5.14 Acres 1.46 Acres 3.11 Acres Snowmobile rentals offered and motel packages include snowmobile rentals. Nine unit RV park has full hook-ups, year-round tenants, and stays busy in both spring and summer. Twelve unit motel includes two large double units. Snowmobilers, equestrians, boaters, hunters are just some the activity seekers using this facility. $221,890.00 $113,800.00 $270,940.00 Building Improvement Value Current Revenues Restaurant $552,270.00 $201,864.00 Modular Home $64,060.00 Rentals: $27,944.00 RV Sites --- A-Frame $25,000.00 Shop & Storage $55,000.00 Miscellaneous Rentals (i.e. snowmobiles) $8,651.72 Store & Gas $66,800.00 $325,310.27 Motel $182,380.00 * $32,141.09 * Current insured value is $249,000 per building. Ten storage units are in use, including a shop for site storage. Five of the units are currently leased. Each unit is 10 x 22 in size. A-frame is a 575 sq. ft. rental unit and currently has a year round tenant. Large modular home is just above the lounge and restaurant. Approx. 1440 sq. ft. currently leased. The Last Resort hipshaw.com • 206-931-9027 Ellensburg is 36 miles east of The Last Resort on I-90. The Last Resort is located 90 miles east of Seattle. The Last Resort 14254 Salmon La Sac Road Ronald, WA 98940 Located just 90 miles east of Seattle off I-90. Restaurant Business Opportunity $425,000 Established and family owned for over 25 years, the restaurant at The Last Resort is large and supports high volume. The newly remodeled upper dining area is now supportive of family use, and includes a service bar and huge fireplace. The separate entrance and parking for the upper restaurant level makes logistics even easier. For sale separately from The Last Resort, with proposed lot split of 1.3 acres, the restaurant with service bar on each level is a destination for locals and visitors both. Call today for more information and to find out how you can take advantage of owner financing. Windermere Real Estate/Shoreline sphariss@windermere.com scottphariss.com 206-931-9027 Looking for more than just a restaurant? The full resort is offered at $1,499,000