$8,250,000
700 Prairie Park Ln SE
Listing Type: For Sale
Property Type: Hotel/Motel
Status: Available
CBA ID#: 671558
Property Type: Hotel/Motel
Status: Available
CBA ID#: 671558
Marketing Description:
Neil Walter Company is pleased to present the fee simple acquisition of the Prairie Hotel in Yelm, WA.Sale price of $8,250,000 which includes the business value and FF&E inventory.A unique investment opportunity for an owner-operator/investor to acquire the only hotel in Yelm, consisting of 67 rooms between two buildings on 3.44 acres.Locally owned and operated by the original developer, with a successful track record of historical sales data that has exceeded pre-pandemic levels in both ADR and occupancy. The property showcases strong pride of ownership!Land Features:
- Lot Size: 78844 SqFt
- Lot Acreage: 1.81 Acres
- Zoning: C-1
Building Features:
- Building Size: 38409 SqFt
- Available Space: 38409 SqFt
- Number of Floors: 2
- Cap Rate: 0.00%
- Year Built: 1993
This Listing Supplied Courtesy of NWC - KV LLC
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
