24 Old Coyote Way, Sequim, WA 98382
- $2,055,900
Listing courtesy of Torre Realty.
- List Price
- $2,055,900
- Status
- ACTIVE
- MLS#
- 2366341
- Price Change
- ▼ $4,000 1770339420
- Days on Market
- 457
- Annual Tax Ammount
- 5357
Property Description
Unique and highly profitable short term rental business -10 train cars - in the heart of Sequim and only 30 minutes away from Olympic National Park entrance. Sale includes: 7 completed and recently remodeled cabooses; 2 additional cabooses are undergoing remodeling right now; 1 dining car; a game room for guests and a laundry room in the train station building; storage container. Large lot with beautiful landscaping and a private pond. The property is equipped with a top-tier security system and a state-of-the-art commercial laundry room boasting Unimac/Speed queen equipment (6 machines) valued at over $200,000. With excellent reviews, strong occupancy and established operations it's a turnkey business ready for you to step in and succeed.
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Additional Information
- Community
- Sequim
- Style
- 64 - Hotel/Motel
- Year Built
- 2001
- # of Assigned Spaces
- 21
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional, Owner Financing
- Flooring
- Laminate
- Driving Directions
- From downtown Sequim, head east on Washington. Turn left onto Sequim Bay Road, Property is 200 yards on the left.
- Electric Expenses
- 6100
- Other Expenses
- 193949
- Energy Source
- Propane
- Net Operating Income
- $135,276
- Gross Adjusted Income
- $361,939
- Gross Scheduled Income
- $361,939
- Water/Sewer/Garbage Expenses
- $8,599
- Cap Rate
- 6
- Vacancy Rate
- 15
- Total Expenses
- $226,663
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.