Address Map

Country : USA

State : Washington

County : Kitsap

City : Kitsap County

Zipcode : 98337

Street : Undisclsoed

Street Number : 0

Longitude : E0° 0' 0''

Latitude : N0° 0' 0''

Additional Information

Agent Name : Mary Wynn

ListAgentMlsId : 23829

ListOfficeMlsId : 1006200

Property Name : Charming & Recently Renovated Motel

Market Area : All Kitsap

Company Zip : 98335

Company State : WA

Company City : Gig Harbor

Company Address : 3226 Rosedale St., Ste 201

# of Full Time Employees : 4

# of Owners : 2

# of Part Time Employees : 1

Selling Office Commission : 0%

All Cash : Yes

Assignable : No

Balance Sheet Years Avaliable : 5

Beer/Wine License : No

Class H License : No

Commission Exclusions : No

Current Owner Years : 8

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : Yes

Gambling License : No

Includes Living Quarters : Yes

Inventory Included : No

Leaseable Square Feet : 8824

Member Comments : Manager's On-Site Residence: A convenient and com

Net Profit : 460987

No Special License : Yes

Operating Hours : 8:00am - 11:00pm

Operating Information : Actual

Owner Hours : 6

Ownership Type : Corporation

Parking Total : 30

Living Quarters Description : 2 bedroom apartment

Phone System Included : Yes

Professional License : No

Profit/Loss Years Avaliable : 5

Real Property : Yes

Reason for Selling : Retiring

Renewal Option : No

Schedule C Years : 5

Seller Terms : No

TradeName : Yes

Use Discretion : Yes

Year to Date Statement Available : Yes

Yearly Operating Expense : 310686

Yearly Operating Income : 771673

extra_data/Asset Class : Hospitality

Property Description

Discover a unique opportunity to own a well-established motel on the main highway through town in Washington. With a booming population and tourist growth, the competition is scarce. The closest hotel to the west is about 40 miles and to the east it is 17 miles. Washington. With a history dating back to the mid-1960s, this property combines vintage appeal with modern updates. Recently renovated, it offers a comfortable and inviting stay for guests. The current owners bought it 8 years ago and have turned it around to the make it the exceptional place it is. <br /><br />This property is an exceptional opportunity for those looking to invest in a blend of historical character and modern comfort in a vibrant community.<br />