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1700 S Boone Street

Aberdeen, WA 98520
  • $1,550,000
  • STATUS: Sold
  • ID#: 2186315
Sold - 02/14/2024
$1,550,000
SOLD - 02/14/2024
  • 0
    BEDS
  • 5.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 41,474
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Keller Williams Rlty Bellevue.
Mortgage Calculator is provided by BoomTown.

School Ratings & Info

School District:

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!

Sold by BHGRE - Northwest Home Team.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Jordan Real Estate Group | CENTURY 21 Real Estate Center are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-03-05T00:14:07.737. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-03-05T00:14:07.737. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jordanregroup.com/homes/146122207
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1700 S Boone Street Aberdeen, WA 98520

  • Price: $1,595,000
  • Status: Sold
  • On Site: Days
  • ID#: 2186315
0
Beds
0
Baths
0
½ Baths
5.92
Acres
41,474
SQFT
$37
$/SQFT
1967
Built
Neighborhood:
Aberdeen
County:
Grays Harbor
Area:
Aberdeen
School District:
Aberdeen
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!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Open Parking Spaces 0 Open Parking YN No Parking Total 0 Parking Uncovered Spaces 0 Roof Built-UpCompositionFlat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 41474 Cooling Other – See Remarks Cooling YN Yes Fireplace YN No Flooring LaminateVinylCarpet Heating Baseboard Heating YN Yes Interior Features LaminateWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Association Fee 0 Association YN No Buyer Financing Not Disclosed Energy Source Electric First Right Of Refusal No Foundation Details Block Irrigation Water Rights YN No Listing Terms Cash Out Net Operating Income 207435 New Construction YN No Possession Closing Possible Use BusinessCommercialMulti-Family Power Company PUD Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Aberdeen Special Listing Conditions None Tax Annual Amount 11512 Tax Year 2022 Units In Building Total 66 Water Company City of Aberdeen Water Source Public Zoning Class BusinessCommercialMulti-Family Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Jordan Real Estate Group | CENTURY 21 Real Estate Center are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-03-05T00:14:07.737. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-03-05T00:14:07.737. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Jordan Real Estate Group | CENTURY 21 Real Estate Center
19020 33rd Ave W #300
Lynnwood WA, 98037
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Keller Williams Rlty Bellevue.
Mortgage Calculator is provided by BoomTown.