23 unit motel 1/2 block off Ocean Shores Blvd NW. Older complex needs updating. Listed at 70% of Assessed Value. Could be purchased with adjacent 4-Plex (MLS #1122301 for $295,000). Some kitchenettes and some adjoining rooms. Laundry rooms on 1st and 2nd floor. Good upside with improvements and themed marketing. No income/expense numbers available. Buyer to assume Street LID of $4,683.19. Adjacent 4 plex available (MLS 1122301). Both for $575,000 at 30% DP, 5% int, 30 yr term w 3 yr C/O.
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Please call (360) 289-3373.
Data Provided by:
Northwest Multiple Listing Service