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23905 Highway 99

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23905 Highway 99

23905 Hwy 99, Edmonds, WA 98026
Hotel/Motel For Sale Available Built 1950 1 floors Zoning: CG
Asking Price
$3,300,000
Total Building12,086 SF
Land32,234 SF land
MarketMountlake Terrace
CountySnohomish

Read Overview
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Overview

Property ID
296637
Listing ID
710525
Type
Hotel/Motel
Asset Class
Hotel/Motel
Zoning
CG

Description

Exceptional High-Yield Investment OpportunityDiscover this high-performing hospitality business located in a prime Edmonds location.Key Highlights:1. Strong Financials: High cash flow with an impressive 8.51% Cap Rate.2. Stable Income: Consistently high occupancy rate with a proven track record.3. Strategic Location: Situated just off Highway 99, providing effortless access to I-5 and major regional transit corridors.4. Future Value: Excellent potential for further value-add or long-term appreciation.Don’t miss out on this prime investment in one of the most accessible areas of Edmonds.

Listing Courtesy of:

SL
Scott Lee
Best Choice Realty
16400 Southcenter Parkway #306,
Seattle, WA 98188
State: WA City: Edmonds ZIP: 98026 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.