Non Franchise Motel Seattle WA
Description
Located on the local Hwy, within 10 minutes driving to Downtown Seattle, Lot size is close to 1 acre which is valued close to 4 million, high rising zone. Has a great re-development potential!
Essential Information
- Property Type Hospitality
- Asking Price 4.95
- Number of Unit 41
- Room revenue 900000
- ADR 100
- Occupancy(%) 90%
- Yearly NOI 400000
- Cap Rate 9
- Year Built 1947
- Year Remodel 2017
- # of buildings 1
- Building Size 12897
- Lot Size (acres) .96
- Franchise or Non franchise Non Franchise
- Interior corridor or exterior corridor Exterior Corridor