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5415 W Sunset Hwy

Spokane, WA 99224
  • $3,890,000
  • STATUS: Active
  • ON SITE: 72 Days
  • ID#: 202312595
UPDATED: 26 min ago
$3,890,000
  • 0
    BEDS
  • 6.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

Cedar Village Motel and RV has been established as a family owned business for more than 3 Decades. This Property has roughly a 10% Cap Rate With 28 Units, 15 RV Spots, 3 Residential Homes, Park with a lawn and Gazebo, and 6 Acres! This is one of the best investments in Spokane right now. It's only 4 Minutes from the Airport and 8 Minutes to downtown Spokane. Making it one of the best locations for anyone coming into Spokane on Business or Pleasure. Follow your dream of creating a passive income stream by putting it on Air BNB and using the current successful Model!

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© 2023 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2023-05-29T07:20:33.107.
www.spokanehomeguy.com/homes/137821376
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5415 W Sunset Hwy Spokane, WA 99224

  • Price: $3,890,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 26 min ago
  • ID#: 202312595
0
Beds
0
Baths
0
½ Baths
6.03
Acres
1950
Built
Neighborhood:
A430/093
County:
Spokane
Area:
A430/093
School District:
Spokane Dist 81
Property Description
Cedar Village Motel and RV has been established as a family owned business for more than 3 Decades. This Property has roughly a 10% Cap Rate With 28 Units, 15 RV Spots, 3 Residential Homes, Park with a lawn and Gazebo, and 6 Acres! This is one of the best investments in Spokane right now. It's only 4 Minutes from the Airport and 8 Minutes to downtown Spokane. Making it one of the best locations for anyone coming into Spokane on Business or Pleasure. Follow your dream of creating a passive income stream by putting it on Air BNB and using the current successful Model!
Exterior Features

Construction Materials Hardboard SidingCedar Lot Features Sprinkler - AutomaticTreedCorner LotOversized Lot Parking Total 1 Road Frontage Type City Street Roof Metal

Interior Features

Basement SlabNone Heating Gas Hot Air FurnaceElectricForced Air

Property Features

Accessibility Features Door Width 32 Inches Or More Additional Parcels YN No High Speed Internet Yes Lease Considered YN No Listing Terms ConventionalCashOwner FinancingCommercial Property Sub Type Commercial

Listing provided courtesy of Keller Williams Spokane - Main: [IDXCONTACTINFORMATION].


© 2023 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2023-05-29T07:20:33.107.
 
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799 S. Stevens
Spokane WA, 99204