13807 Hwy 12 Packwood, WA 98361 – Packwood Lodge

13807, Hwy 12, Packwood, WA  98361

For Sale

Type
For Sale / Hotel/Motel

Packwood Lodge (Status: Pending) 4200000

13807, Hwy 12, Packwood, WA  98361

IN CONTRACT – Seller will consider offers in backup position only.Updated Property With Leased Restaurant- 11.07% Cap Rate, 26.57% ROI & 3.96 GRM- ?Proximity to Major Metro Seattle & Portland- Highway Frontage in Resort Area- Extensive Capital Improvements- Mix of Hotel Rooms & Detached Cabins- Includes Leased Restaurant- Near Entrance To Mt. Rainier National ParkPackwood Lodge is an independent, 30 key, select-service hotel with a leased restaurant. Extensive capital improvements, including 21 updated guest rooms or suites and 9 detached cabins. The property includes a lobby with a breakfast area, office, laundry room, and Owner’s Quarters. The ~2500 sq. ft. leased restaurant is hotel adjacent. Owner’s Quarters is ~1000 sq. ft., 2 bedrooms, 1 bathroom, ample living area, a ful

Listing Details

Asset Class: Hotel/Motel
Year Built: 1969
Building Total Square Feet: 15582
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: RRC-R1

CBA

Listing Courtesy of: Crystal Investment Property LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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