Aberdeen, WA 98520,1700 S Boone ST
Aberdeen, WA 98520,1700 S Boone ST
Aberdeen, WA 98520,1700 S Boone ST
9
Listed by Keller Williams Rlty Bellevue
Bought with BHGRE - Northwest Home Team
$1,550,000
$1,595,000
2.8%
Est.Price: ?

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5.92 Acres Lot

1700 S Boone ST Aberdeen, WA 98520

Est. payment /mo
SOLD DATE : 02/14/2024

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Key Details

Sold Price $1,550,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Aberdeen

MLS Listing ID 2185376

Sold Date 02/14/24

Style 64 - Hotel/Motel

Year Built 1967

Annual Tax Amount $11,512

Lot Size 5.920 Acres

Property Description

Investment Opportunity with potential for a 18% CAP Rate! Located in Aberdeen, Washington, this 66-unit motel is comprised of four buildings. Alongside guest accommodations, it features an office and a three-bedroom manager unit. One building requires renovation due to water damage from a steam incident two years ago. Spanning nearly 6 acres, the property offers expansion potential, such as adding more motel units or creating an RV park. Seize the opportunity to maximize your investment and reap the rewards!

Location

State WA

County Grays Harbor

Area 198 - Aberdeen

Interior

Interior Features Laminate, Wall to Wall Carpet

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Roof Type Built-Up,Composition,Flat

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Northwest MLS (NWMLS)

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Bradley Mulliner

Managing Principal Broker- MORE Realty | License ID: 201206857

+1(503) 858-2478

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