1405 N 1st St - Hospitality FOR SALE


Yakima, WA 98901
$3,000,000 USD
206-293-3207
1405 N 1st St, Yakima, WA for Sale
$3,000,000 USD
Hospitality - FOR SALE
1/16
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1405 N 1st St
Yakima, WA 98901


OVERVIEW

Fully Renovated 53-Room Hotel – Zero PIP. Discover a rare, hassle-free hospitality investment located at 1405 N 1st St, Yakima, WA 98901. This property has been meticulously upgraded to meet the highest franchise standards, saving you time, stress, and capital. Why 1405 N 1st St is a Must-Buy: 100% Turnkey: Super 8 approved with NO PIP required. Step right into a compliant, operational business. Extensively Renovated: Features a brand-new roof, all-new contemporary furniture, fresh carpeting, and a beautifully redesigned modern lobby. Prime Location: Situated immediately next to the East I-82 freeway, ensuring a steady stream of drive-by visibility and easy off-ramp access for guests. Optimal Size: At 53 rooms, it’s the perfect size for efficient, high-margin management.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$113 USD /SF

# OF ROOMS

53

PRICE/ROOM

$56,604 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Lion Inn & Suites Yakima

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

Commercial

APN/PARCEL ID

181313-11451,181313-11452

ASK ABOUT THIS PROPERTY

Gurcharan DhaliwalSkyline Properties.comMore Info
206-293-3207

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Gurcharan DhaliwalSkyline Properties.comMore Info
206-293-3207

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