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
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ACTIVITIES
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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)
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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
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Fuel Sales Year Round
General Store Purchases
Motel Rental
Camping Site Rentals
Restaurant Services
Rental Storage Units (Seasonal)
ASSOCIATED INCOME VALUE
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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
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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
[email protected]
scottphariss.com
206-931-9027
Looking for
more than just a
restaurant?
The full resort
is offered at
$1,499,000