416 N 1st St - Hospitality FOR SALE


Yakima, WA 98901- Downtown Yakima
$1,950,000 USD
602-946-4901
416 N 1st St, Yakima, WA for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/4
null | 13.43% Cap Rate

416 N 1st St
Yakima, WA 98901
Downtown Yakima


HIGHLIGHTS

  • 58 Rooms well located in Yakima WA
  • Mix of short term and 30-day stays
  • Consistent Revenues
  • Lowest price per key on market in Washington State, Oregon, and Idaho
  • Each year, roughly 8% more new businesses are starting up, and job growth is expected to reach 40.1% over the next decade, showing strong momentum

OVERVIEW

Broker of Record Brian Brockman License No. 21256 (WA) (866) 889-0550 Bang Realty, Inc. 11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$94 USD /SF

# OF ROOMS

58

PRICE/ROOM

$33,621 {currency}

CAP RATE

13.43%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Apple Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

CBDS

APN/PARCEL ID

181313-44449

ASK ABOUT THIS PROPERTY

Andrew SenatoreMatthews Real Estate Investment ServicesMore Info
602-946-4901

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Andrew SenatoreMatthews Real Estate Investment ServicesMore Info
602-946-4901

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