Motel For Sale
16,928 Sq Ft
This is a Portfolio Sale of Lodging Business & Self-Storage is in the town Plain, WA. Located in the Leavenworth, WA area in Chelan County known for year round outdoor recreation. The 2 businesses and all buildings are sold together on 4.31 acres land zoned Rural Commercial with street frontage, see Ariel photo. One of the main frontage buildings could be converted into a winery-tasting room; prior commercial kitchen once in this buildings. This tax parcel comes with an irrigation right, a community system. Lodging is in 3 buildings: Lodge Main building built in 2010, 17 units and check in office and staff area, Victorian Farmhouse restored in 2010 sleeps 14 with rooms and full kitchen, The Station, 4 units of nightly lodging for a total of 16,928 sq.ft. The Self-Storage is in 5 buildings, 96 units in a total of 26,571 sq. ft. built between 1996-2010 with Arctic insulation and is always full. The site is SOLD together and WILL NOT be split up. The sales price includes 2 existing businesses, 8 commercial buildings, 1 Barn-personal use only-original with American Flag on visible from road, Gazebo, fountains on a Group A well water system, septic and storm systems. Valuation for Lodging Business, Buildings & Land $2,984,000 and for the Self-Storage business, 5 buildings is $2,446,000 for a total of $5,430,000 for entire site. The incomes of estimated for 2018 are $350,000: Performa combined in Lodging $200K and storage $150K. See website links for room and stay details. One night stays are a push rate, prefer 2 night min.; explains full house rentals and capacities. All rooms have A/C, satellite TV, coffee/tea pot, mini microwave & refrigerator. Café in town, many local events in Plain and Leavenworth. Christmas tree lighting, Autumn Festival. 30 minutes from Stevens Pass -west & Leavenworth town - east. 45 minutes to Wenatchee, WA; 2 hours to Seattle, WA. **Seller financing maybe consider with solid proof of abilities, 50% down and owner finance at 4.5% amortized over 20 years with payments of $17,182 per month. ($206,188 annual) Balance due in 5 years.