Realty Executives Grant County
Phone: 509-771-0027
European Style Hotel, 2ac., 140' of lakefront
- Listing Id: 4991
- Broker Name: Raymond Gravelle
- Category: Hotels and Motels
- Asking Price: $1,330,000.00
- EBITDA: $154,000.00
- Real Estate: $1,500,000.00
- Cash Flow: $465,543.00
- Inventory: $1,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $279,926.00
- FF&E: $30,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Soap Lake
- State: WA
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Sitting on the shores of the most unique mineral lake in the world sits this historic inn featuring 29 European style rooms/cottages & suites on 2 ac., 140' of lakefront. Huge repeat clientele make annual pilgrimages to take in Soap Lake's famous healing waters. Rooms have tubs with two sets of faucets-one brings mineral water from the lake. Guests enjoy gardens filled w/fountains, statuary & gorgeous flowers; perfect for weddings & retreats. Potential to be a world class resort. 7.4% cap.
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