609 E 1st Ave - Hospitality FOR SALE


Odessa, WA 99159
$650,000 USD
509-793-5744
609 E 1st Ave, Odessa, WA for Sale
$650,000 USD
Hospitality - FOR SALE
1/65
null | Request Cap Rate

609 E 1st Ave
Odessa, WA 99159


OVERVIEW

Presenting an exceptional investment opportunity in Odessa, WA. This charming 12-unit motel includes a fully attached home and office space in a 5,220 SF building. The 12 income-producing rooms range from 221-255 SF, with each featuring mini-fridges, microwaves, and coffee pots, and select rooms offering kitchenettes. The office is equipped with an on-demand gas water heater, private laundry, and 3 water pumps. The home boasts hardwood floors, baseboard heat, ceiling fans, and a fully equipped kitchen. Recent upgrades include a new roof and hot water heater (2023), and an updated electrical panel (2022). Potential for expansion with approved RV site permits. A rare hospitality opportunity in Odessa.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

12

PRICE/ROOM

$54,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Collage Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

Residential - Motel/Hotel

APN/PARCEL ID

0507-002-001000

ASK ABOUT THIS PROPERTY

Katelyn JimenezWindermere Real Estate K-2 RealtyMore Info
509-793-5744

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Katelyn JimenezWindermere Real Estate K-2 RealtyMore Info
509-793-5744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.