CIP Exclusive Hotel for Sale – Just Listed!
$5,200,000 | Midscale | Select-Service | 100 Keys
Highly-Sought After Franchise With Gas Station
The SureStay Plus Hotel by Best Western Moses Lake is a 100 key, select-service, franchised, midscale hotel. The property features a large lobby and front desk area, breakfast area, business center, guest laundry, fitness center, and indoor pool. Updated in 2019, the hotel also features meeting/event rooms and business amenities, making the property attractive to business and leisure travelers.
Guest room mix includes a selection of Queen Single, Queen Double, King Single, King Single Suites, and kitchenette and accessible rooms. Guest amenities include an in-room mini-refrigerator, microwave, flatscreen TV, high-speed internet (WiFi), and air conditioning in this 100% smoke-free hotel.
The hotel is situated on ~3.68 acres of land with ample parking and excellent highway visibility. This property features a gas station and convenience store which is currently leased to an outside operator. Opportunity to run gas station/store upon lease termination for additional revenue if desired. (Buyer to do own due diligence.) Property is on a land lease with the Washington State Department of Natural Resources with 27 years remaining.
Request Offering Memorandum & Financials using the form below.
SureStay Plus Hotel Location – Moses Lake, Washington
Visitors and residents alike enjoy Moses Lake. Lake activities include boating, paddle boarding, fishing, jet skiing, and water skiing. With massive sand dunes, golfing, water sports, and outdoor fun, Moses Lake is ideal for family vacations. Moses Lake boasts of over 300 days of sunshine while still featuring all four seasons each year. The Moses Lake area is home to some of the finest wineries and breweries in the region. Museums, galleries, theater, arts, and fine dining make Moses Lake an excellent getaway destination.
Property Features
- 10.16% Cap Rate, 15.69% ROI & 3.59 GRM*
- Absentee Owner – Huge Opportunities
- Room Mix Includes Kitchenettes & Suites
- Fully Renovated Throughout
- Leased Sunval Express Gas Station
- Interstate Highway Visibility
- State Agency Leased Land
- View Property Video
*Based on Year One Stabilized Proforma. For more detailed information please fill out the form below.
Property Details
Keys: 100
Location: Washington, Highway
City: Moses Lake
State: WA
ZIP: 98837
Type: Select-Service
Cap Rate: 10.16%
GRRM: 15.69%
ROI/Cash Flow: 3.59
Financing: New
Additional Features:
Interior Corridor, Leased Land, Midscale, Pool / Spa, Select-Service
Disclaimer
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Broker Co-op Agreement
Please Note: Buyer’s Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
Photos of SureStay Plus Hotel Moses Lake
Request the Offering Memorandum below for detailed information and photos of this property.
SureStay Plus Hotel Moses Lake Map
Request Offering Memorandum & Financials
If you are a Broker requesting information for a client, you will need to complete a Buyer Registration form first.
