Studio 6 Pasco, WA | 720 W Lewis St
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Studio 6 Pasco, WA 720 W Lewis St
50 Room Hotel Pasco, WA 99301 $6,601,996 CAD ($132,040 CAD/Room)
Investment Highlights
- Property located in Opportunity Zone
- 3 income sources
- New Laundry Mat
- 58 rooms
- Motel completely remodeled
- Restaurant
Executive Summary
Hotel/Motel for sale in the heart of Pasco. All the heavy lifting has been done to completely remodel this busy hotel. Turnkey operation with 56 rooms consisting of mostly single rooms and several double beds. Hotel is set up for migrant H2A fieldworker housing with all permits and configurations of rooms appropriate for this program. Property has 3 revenue sources including the hotel, public laundry mat and restaurant that is leased out. Property also includes a manager’s quarters and front reception office. Ample parking on 1.04 acres. Excellent investment opportunity.
Property Facts
Price | $6,601,996 CAD | Building Size | 28,194 SF |
Price Per Room | $132,040 CAD | No. Rooms | 50 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built/Renovated | 1958/2023 |
Property Subtype | Hotel | Parking Ratio | 1.95/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 1.04 AC | Opportunity Zone |
Yes
|
Price | $6,601,996 CAD |
Price Per Room | $132,040 CAD |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.04 AC |
Building Size | 28,194 SF |
No. Rooms | 50 |
No. Stories | 2 |
Year Built/Renovated | 1958/2023 |
Parking Ratio | 1.95/1,000 SF |
Corridor | Exterior |
Opportunity Zone |
Yes |
Amenities
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 50 | $101.14 CAD | - |
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
Parcel Number | 112-044-172 | Improvements Assessment | $1,657,864 CAD |
Land Assessment | $496,037 CAD | Total Assessment | $2,153,902 CAD |
PROPERTY TAXES
Parcel Number
112-044-172
Land Assessment
$496,037 CAD
Improvements Assessment
$1,657,864 CAD
Total Assessment
$2,153,902 CAD
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Studio 6 Pasco, WA | 720 W Lewis St
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