Wendy Pedersen - Commercial Real Estate Showcase

Wendy Pedersen Property Listings
Capstone Real Estate Group
22722 29th Dr SE
Suite 100
Bothell, WA 98021

917 State Avenue

Marysville, WA 98270 - N Snohomish County Submarket

Property Type:Hospitality Number of Rooms:11 Status:Existing Year Built:1940
Stories:1 Building Size:3,960 SF Land Area:.53 AC (23,087 SF)
For Sale Price:$750,000 Price/Room:$68,182 Cap Rate:5.45 %

Parking:2.65 Parking Spaces / 1,000 SF

Composition Open(Tandem) Covered(Tandem) Total Condition
Concrete: 0(0) 8(0) 8 Fair
Gravel/Dirt: 12(0) 0(0) 12 Fair

Property Description: 10-UNIT MOTEL & 1 RETAIL

Sale Notes:
SELLER FINANCING! Rents below market. Updated Flooring, Gas wall Heaters and Metal Roofs. Well maintained. 10 rent-able spaces/6 buildings- 1 SFR 3 bed-2 bath, 4 duplexes, 1 commercial space. Seldom a vacancy. Potential for future development. Terms: Large down payment and P&I for 10 years.

Capstone Real Estate Group
Wendy Pedersen
(425) 232-4266

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