312 E 1 Street

Land: Mobile Home Park

312 E 1 St, SpragueWA 99032

Property Details

Location

Address
312 E 1 St, SpragueWA 99032
County
Lincoln
Submarket
CBA Lincoln County
Parcels
0709000007010, 0709000007020, 0703001001000
In Opportunity Zone
Yes

Building Size

Building Size
4,692 SF
Rentable Space
1 SF

Building Details

Type
 Land: Mobile Home Park
Number of Buildings
1
Occupancy Type
Multi-tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
1
Year Built
1940
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
1.7 Acres
Land (SF)
74,052 SF
Electricity
Yes, County
Sanitary Sewer
Yes, City
Water
Yes, City
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Sprague Motel & RV Park

1.7 Acres$1,999,990
Cap Rate: 12.9%

Awesome Income and Investment Opportunity! 1.7 Acre 33 Unit Motel and RV Park in Sprague, WA. Owner Financing Available! Features Include 10 Room Motel (9 Rooms Plus 1 Manager Unit), 13 Current RV Spaces With 10 Additional Under Construction To Be Completed August 2022. Motel Rooms Include Singles, Doubles, Triple and Quadruple Rooms! 100% Occupied With Waiting List For RV Spaces. Full RV Hook-ups With Water/Sewer/Power to All 23 Spaces. $306,000 Yearly Gross Proforma. $48,000 Yearly Expenses. 12.90% Proforma Cap Rate! 1/2 Miles to Interstate-90, 37 Miles to Spokane. Low Motel Space Rents. Don't Miss Out On This Great Opportunity To Own a Profitable Motel & RV Park Investment!

Showing By Appointment Only!

*** No Access To property without seller and broker permission! ***

Awesome Income and Investment Opportunity! 1.7 Acre 33 Unit Motel and RV Park in Sprague, WA. Owner Financing Available! Features Include 10 Room Motel (9 Rooms Plus 1 Manager Unit), 13 Current RV Spaces With 10 Additional Under Construction To Be Completed August 2022. Motel Rooms Include Singles, Doubles, Triple and Quadruple Rooms! 100% Occupied With Waiting List For RV Spaces. Full RV Hook-ups With Water/Sewer/Power to All 23 Spaces. $306,000 Yearly Gross Proforma. $48,000 Yearly Expenses. 12.90% Proforma Cap Rate! 1/2 Miles to Interstate-90, 37 Miles to Spokane. Low Motel Space Rents. Don't Miss Out On This Great Opportunity To Own a Profitable Motel & RV Park Investment!

Showing By Appointment Only!

*** No Access To property without seller and broker permission! ***

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

BROKER

Source: CBA

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