City Center Motel
20 Keys. Washington select service motel with excellent city center location in Central Washington. 3.7x Gross. 13.18% Cap Rate on 2014 Actuals. 37.12% Cash ROI with 20% down at current commercial mortgage rates. Comfortable separate owner’s quarters on site. Large lot.
Building size is approximate. All information is obtained from sources deemed reliable by subject to buyer verification. All property tours must be arranged through broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Special Property Features Include:
- 17% Actual Cap Rate
- 56% Cash ROI with 20% down
- Seller Financing
Property Details
Price: $525,000
Keys: 20
Location: Metro, Highway
City: Moses Lake
State: WA
ZIP: 98837
Keys: 20
Location: Metro, Highway
City: Moses Lake
State: WA
ZIP: 98837
Status: Sold
Type: Select Service, Independent
Cap Rate: 17%
GRRM: 3.9x
ROI/Cash Flow: 56%
Financing: Owner Financing Possible
Type: Select Service, Independent
Cap Rate: 17%
GRRM: 3.9x
ROI/Cash Flow: 56%
Financing: Owner Financing Possible
Additional Features:
Owner / Manager Quarters, City Center, Exterior Corridor, Seller Financing, Highway Access
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