812 Bridge St Active Save Request In-Person Tour Request Virtual Tour
Clarkston,WA 99403
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,819 sqft
Price per Sqft $202
Subdivision 0 Not Applic.
MLS Listing ID 98882151
Bedrooms 13
Year Built 1956
Annual Tax Amount $2,262
Tax Year 2022
Property Description
MOTIVATED SELLER, seller financing available. Discover the extraordinary Hacienda Motel, a wise investment choice with immense returns. This remarkable property features 13 rooms, with 7 already refurbished. The ongoing renovations extend to the exterior and the kitchen/common area, ensuring an impressive overall upgrade. Designed to serve as transitional housing for organizations like the Department of Corrections (DOC), HARPS, Goodwill, and QBH housing, the Hacienda Motel presents a unique opportunity. Each room accommodates two beds, generating a monthly rent of $700 per bed, resulting in a potential revenue of $1,400 per room. Fully operational, this exceptional property can generate an impressive annual gross income of $218k. With operating expenses around $36,000 annually, substantial profits and a robust cash flow are within reach. Maximizing room occupancy is key to unlocking its full potential. There is always substantial demand for this housing solution. Call today for further details!
Location
State WA
County Asotin
Area Clarkston Downtown - 2510
Interior
Heating Baseboard,Wall Furnace
Cooling Wall/Window Unit(s),Ductless/Mini Split
Flooring Laminate,Vinyl
Exterior
Community Features 5+ Units,Commercial Office,Commercial Retail,Other
Utilities Available Sewer Connected
Roof Type Other
Building
Lot Description 10000SF - .49,Bus on City Route,Sidewalks
Foundation Slab
Water City Service
Structure Type Metal Siding
New Construction No
Schools
Elementary Schools Parkway
High Schools Clarkston
School District Clarkston
Others
Acceptable Financing Cash,Consider All,Conventional,1031 Exchange,Owner Will Carry
Listing Terms Cash,Consider All,Conventional,1031 Exchange,Owner Will Carry