312 E 1st St
Sprague, WA 99032
Sprague Motel & RV Park · Land For Sale · 1.70 AC
PROPERTY FACTS
Description
Awesome Income and Investment Opportunity! 1.7 Acre 33 Unit Motel and RV Park in Sprague, WA. OWNER FINANCING AVAILABLE! Features Include 10 Room Motel (9 Rooms Plus 1 Manager Unit), 13 Current RV Spaces With 10 Additional Under Construction To Be Completed August 2022. Motel Rooms Include Singles, Doubles, Triple and Quadruple Rooms! 100% Occupied With Waiting List For RV Spaces. Full RV Hook-ups With Water/Sewer/Power to All 23 Spaces. $306,000 Yearly Gross Proforma. $48,000 Yearly Expenses. 12.90% PROFORMA CAP RATE! 1/2 Miles to Interstate-90, 37 Miles to Spokane. Low Motel Space Rents. Don't Miss Out On This Great Opportunity To Own a Profitable Motel & RV Park Investment! Showing By Appointment Only! *** No Access To property without seller and broker permission! ***
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Listing ID: 26245935
Date on Market: 7/24/2022
Last Updated:
Address: 312 E 1st St, Sprague, WA 99032