This Land Property is no longer advertised on LoopNet.com.

312 E 1st St
Sprague, WA 99032

Sprague Motel & RV Park · Land For Sale · 1.70 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Manufactured Homes or Mobile Home Park
  • Motel
Total Lot Size 1.70 AC

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! ***

  • Listing ID: 26245935

  • Date on Market: 7/24/2022

  • Last Updated:

  • Address: 312 E 1st St, Sprague, WA 99032