Investment Opportunity with potential for a 18% CAP Rate! Located in Aberdeen, Washington, this 66-unit motel is comprised of four buildings. Alongside guest accommodations, it features an office and a three-bedroom manager unit. One building requires renovation due to water damage from a steam incident two years ago. Spanning nearly 6 acres, the property offers expansion potential, such as adding more motel units or creating an RV park. Seize the opportunity to maximize your investment and reap the rewards!
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LAST UPDATED
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2/14/2024
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TRACT
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Aberdeen
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YEAR BUILT
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1967
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COMMUNITY
|
Aberdeen
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COUNTY
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Grays Harbor
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STATUS
|
Sold
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PROPERTY TYPE(S)
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Multi Family
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| AIR CONDITIONING |
Yes |
| AREA |
198 - Aberdeen |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Baseboard, Electric |
| INTERIOR |
Laminate, Wall to Wall Carpet |
| LOT |
5.92 acre(s) |
| LOT DESCRIPTION |
Paved |
| MLS STATUS |
Sold |
| STORIES |
2 |
| STYLE |
56 - 10+ Units |
| SUBDIVISION |
Aberdeen |
| TAXES |
11512 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
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