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321 N Johnson St
Kennewick, WA 99336

$5,750,000 USD

Hotel For Sale  •  27,170 SF

Property Details

  • Property Type Hotel
  • Total Building Size 27,170 SF
  • Lot Size 0.95 AC
  • Building Class C
  • Year Built 1977
  • Zoning CC
38 Transit Score
80 Walk Score

Highlights

9.4% Cap Rate
20% Cash-on-Cash Return
All Guest Rooms Offer Over 500 Square Feet of Space, and All Suites Include Fully Equipped Kitchenettes
Recent CapEx Completed, No PIP Required
This hotel is perfectly positioned for an apartment/housing conversion, with an existing layout that supports efficient redevelopment.
The Manager’s Office, Located on the Property, Includes a Full Kitchenette and Bathroom, Making It Ideal for an On-Site Owner or Converted to a Guest

Amenities

  • Pool
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Pasco Amtrak Station (Empire Builder - Amtrak) 10 min - 5.4 mi
AirportDriveWalkDistance
Tri-Cities 10 min - 5.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Jazz Bains 253-326-7297 Bains & Company
Jazz Bains 253-326-7297 Bains & Company