312 1 St Sprague, WA 99032 – 312 E 1 Street312, 1 St, Sprague, WA 99032
312 E 1 Street (Status: Available) 1499950
312, 1 St, Sprague, WA 99032
Awesome Income and Investment Opportunity! 1.7 Acre 33 Unit Motel and RV Park in Sprague, WA. Owner Financing Available! Features Include 10 Room Motel (9 Rooms Plus 1 Manager Unit), 13 Current RV Spaces With 10 Additional Under Construction To Be Completed August 2022. Motel Rooms Include Singles, Doubles, Triple and Quadruple Rooms! Full RV Hook-Ups With Water/Sewer/Power to All 23 Spaces. $306,000 Yearly Gross Proforma. $48,000 Yearly Expenses. 17.2% Proforma Cap Rate! 1/2 Miles to Interstate-90, 37 Miles to Spokane. Low Motel Space Rents. Don’t Miss Out On This Great Opportunity To Own a Profitable Motel & RV Park Investment!*Please View With Discretion* *Motivated Seller Will Look At All Offers*
Asset Class: Land,Hotel/Motel
Year Built: 1940
Building Total Square Feet: 4692
Available Lease Space Square Feet: 74052
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:
Listing Courtesy of: Real Estate 2000 Corp.
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.