Cap rate calculation was based on last 3 years P&Ls. Single-Family Residence is included in the sales price. Possible rental income from Single Family Resident is an estimated $2,000 per month which has not been added to the cap rate calculation. With SFR rental income, estimated cap rate would be 7.13%. An exceptional investment opportunity awaits with this well-positioned motel property sitting on a generous 43,778 sq ft site. Boasting three buildings across two stories, the property includes 29 rooms—featuring 14 double rooms, 14 king rooms, and a single-family residence—all within a total 15,079 sq ft building footprint. The single-family residence (built 1956) offers an annual rental income potential, adding additional value for the savvy investor. Guests enjoy convenient amenities such as a vending machine, and there are 25 on-site parking spaces for ease and accessibility, and a 3-car garage. Located in a high-visibility area with prominent hotel signage, this property benefits from excellent regional and local access and is close to shopping, dining, and local attractions—making it a desirable stay for travelers and a strong performer in the hospitality market. Buyer/Buyer Broker to verify all information provided. Explore Lakewood Reinvestment Authority Activities - City of Lakewood