13820 Sunset Hwy W
Airway Heights WA 99001

Lantern Park Motel

13820 Sunset Hwy W Airway Heights WA 99001

Listing #: 654947 | Status: Available | Last Modified: 6/28/2023 |

For Sale
John Powers
  • Phone:(509) 622-3563
  • Email:jpowers@naiblack.com
  • Office Name:Black Commercial, Inc.
  • Office Phone:(509) 623-1000
  • Office Website:
Jesse Clark
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
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Price Information
  • Listing Price$ 1,100,000.0
  • $/SF$ 264.8
  • Listing StatusAvailable
  • Days on Market832
  • Asset ClassHotel/Motel
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income221,000
  • Vacancy Factor %0.00%
  • Operating Expenses74,413
  • Net Operating Income146,587
  • CAP Rate 10.47 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors1
  • # of Units11
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4154
  • Net Rentable Area4154
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF27792
  • Acres0.64
Property Type
  • Property TypeHotel/Motel
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWest Plains
  • Tax ID #15233.0511
  • Additional Parcels15233.0508, 15233.0512
  • Zoning
Construction
  • Year Built1962
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

13820 W Sunset Hwy

Public Comments

For additional information please see flyer and contact listing brokers.

Public Building Comments

11 unit motel in Airway Heights. On Highway 2 in growing Airway Heights. Nightly, weekly, monthly & live on-site or management home. On-site laundry. Property is in great shape.

Listing Images