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
thank you
Your email has been sent!
701 Fountain Blvd
7 Room Hotel Zillah, WA 98953 $1,500,000 ($214,286/Room) 7.70% Cap Rate
Investment Highlights
- Boutique Inn
- Lakefront
- 2nd vacant lot included
- Wine Country
- Ameneties
- Solar panels
Executive Summary
Property Facts
| Price | $1,500,000 | Building Class | B |
| Price Per Room | $214,286 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 3,167 SF |
| Cap Rate | 7.70% | No. Rooms | 7 |
| Sale Conditions | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 2017 |
| Property Subtype | Hotel | Corridor | Exterior |
| Price | $1,500,000 |
| Price Per Room | $214,286 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.45 AC |
| Building Size | 3,167 SF |
| No. Rooms | 7 |
| No. Stories | 1 |
| Year Built | 2017 |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Golf Course
- Wedding Venue
- Public Access Wifi
- Smoke-Free
About 701 Fountain Blvd , Zillah, WA 98953
Welcome to Zillah Lakes Inn; an outstanding location and business opportunity awaits new vision and ownership for this remarkable 7 room boutique inn located in the heart of wine country. Rooms are tastefully curated with luxury features. Over 120 5-star TripAdvisor reviews this property is turnkey and highly profitable. The Inn is located right on lakefront property which allows for water recreation such as paddle boarding and boating, swimming or even fishing off the dock. Wonderful sunrises and sunsets on this beautiful property. Room number 7 offers a full kitchen perfect for long extended stay guests. Property includes solar panels and a separate vacant parcel that is zoned commercial and ready for expansion. Mini splits in each room are self-contained and are allowed to operate in pandemic scenarios. Very well managed Inn has cultivated relationships with local restaurants and wineries and draws guests from all over the region and even the world. This is truly a remarkable property with 7 rooms right in the heart of the Yakima V
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $275.00 | - |
| Guest Room | 6 | $235.00 | - |
PROPERTY TAXES
| Parcel Number | 201122-34489 | Improvements Assessment | $809,000 |
| Land Assessment | $40,500 | Total Assessment | $849,500 |
PROPERTY TAXES
zoning
| Zoning Code | CT (Commercial) |
| CT (Commercial) |
Presented by
701 Fountain Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.