This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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.

Attachments

hotel flyer

Property Facts

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 -
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112-044-172
Land Assessment
$496,037 CAD
Improvements Assessment
$1,657,864 CAD
Total Assessment
$2,153,902 CAD
  • Listing ID: 32083653

  • Date on Market: 2024-06-10

  • Last Updated:

  • Address: 720 W Lewis St, Pasco, WA 99301

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}