609 East 1st Avenue

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Address: 609 E 1st Ave, Odessa, WA 99159, USA
Created date: April 5, 2024
Date last updated: September 3, 2024

Property Description

$75,000 PRICE REDUCTION! Presenting an exceptional investment opportunity at 609 East 1st Avenue, Odessa, WA. This 5,220 SF building features 12 rooms, ranging in size from 221-255 SF. Originally built in 1952 and thoughtfully renovated in 1989, New roof and hot water heater in 2023. It has an updated electrical panel in 2022. North facing parcel was originally permitted and approved for RV sites in 1999, but current ownership never moved forward with the plans. Lots of potential to this property. Only hospitality option in all of Odessa. Large 1500 SF 2-bedroom apartment with full kitchen, loft upstairs for an owner/manager to live on-premise. Tons of opportunities with virtually no competition. An opportunity to own a 12 unit motel for the price of a 3/2 single family home. Priced to sell. Motivated seller.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $599,900
No. of Units: 12
Average Occupancy: 6.39
Year Built: 1952
Lot Size: 1.30 Sq ft
Opportunity Zone: No
Price per unit: $49,992
Property Website Click Here
Address: 609 E 1st Ave, Odessa, WA 99159, USA
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