24 Unit Hotel in Tacoma in Prime Location!

Pierce County, Tacoma, WA, 98444 view full address
For Sale
Listed at: September 30th, 2024
Price
$1,600,000
Sq. Footage
5904
Type
Commercial
Parking
Unassigned
Year build
1958
Lot size
38618.00 sqft
Bedrooms
0
Bathrooms
0
Half Bathrooms
0
Summary

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🔨 Property Overview:

  • Type: Commercial
  • Price: 1,600,000
  • Building Size: 5,904 Sqft
  • Lot Size: 38,618 Sqft
  • Year Built: 1958
  • 24 Unit Hotel
  • Laundry room
  • .5 acre parcel included vacant
  • Details:

    Prime location on Pacific Avenue. Versatile property with additional development opportunities. Selling Real Property & Business together on Pacific Ave. 2 separate buildings, 1-story 2,352 sqft and 2-stories 3,552 sqft, extra land space for more. 21 Guest rooms and extra 2-Bdr/Living rm for manager. Some remodeling to total 17units, 4 bigger rooms will placed with the long-terms. Or you can keep as 21 rooms. Currently long-term livings in place about 50%. Renovated in 2018. Each room provide free Wi-Fi, new A/C & spring cooler. Absentee-run with 1 manager, 1 maintenance, 1 cleaner. Generated over $440K Gross in 2023.

    Pacific Lodge room info:

    1. Weekly..$500

    2..monthly..$2400

    3. Daily..$90

    4. Monthly..$2400

    5. Manager room no charge

    6. Weekly..$500 ..it will be changed to monthly $2100

    7. Monthly..$1850

    8.  Daily...$90

    9. Monthly..$1850

    10. Remodeling

    11. $2400

    12. Remodeling

    13. Remodeling

    14. Remodeling

    15. monthly $2200

    16. Monthly$2200

    R10 smallest room...Remodeling

    R12...smallest room ..Remodeling

    R14...smallest  room..Remodeling

    R16..smallest..Remodeling

    #1-10,12,14,26 are single rooms

    #11,13,15,17 double room

📜 Buyer Guidelines for this Gem:

  • 📩 Site unseen offers welcomed, considered, and accepted.
  • 🌟 If a showing is scheduled, unleash highest and best offers for a winning shot!
  • 🎯 Remember, you miss 100% of the shots you don't take, so don't hesitate to submit that offer.

🔥 Connect with Denis for More Details at 253-880-7234.

NO TRESSPASSING!

**Do Not Disturb Current Occupants**

Respect the privacy and peace of mind of our current occupants. Unauthorized visits can disrupt their routine and lead to unnecessary complications.

**Scheduled Access Only**

All property visits must be scheduled in advance. This ensures that we maintain control over who enters our properties and minimizes any disruptions to our operations.

**Violation Will Result in Trespassing**

Any violation of our access policy will be taken seriously. Trespassers will be dealt with according to the full extent of the law.

The list price is a win-it-now price. We are open to all offers.

We love working with realtors and partnering with other wholesalers!

Please contact us if you'd like to market this deal to your buyers.

Buyer to verify all information and perform own due diligence.

Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Denis Voro

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Disposition manager