Skagit Homes with 64 - Hotel/Motel Style

Skagit Homes with 64 - Hotel/Motel Style

Skagit County, located in Burlington, Washington, is a picturesque region that offers a wide range of opportunities for homebuyers and investors. With its stunning natural beauty and thriving communities, Skagit County is an ideal place to call home.

One of the unique features of the real estate market in Skagit County is the availability of homes with a hotel/motel style. These properties are designed to provide the comfort and convenience of a hotel or motel, making them perfect for those who value flexibility and easy maintenance.

Homes with a hotel/motel style in Skagit County offer a range of amenities that cater to different lifestyles. They often feature spacious bedrooms, en-suite bathrooms, and well-appointed living areas. Some properties may also include additional perks such as swimming pools, fitness centers, and on-site restaurants.

Investing in a home with a hotel/motel style in Skagit County can be a smart choice for those looking to generate rental income. With the county's vibrant tourism industry, there is a constant demand for short-term accommodations. By owning a property that caters to this market, homeowners can benefit from a steady stream of rental revenue.

Whether you're looking for a unique home or a lucrative investment opportunity, Skagit County's homes with a hotel/motel style are worth considering. With their convenient amenities and prime location, these properties offer a lifestyle that combines comfort and convenience.

Newest Skagit Homes with 64 - Hotel/Motel Style

$1,999,999
2558477 MLS ⋅ ACTIVE Status
Don't miss this chance to take advantage of a vacant motel waiting for the next owner's vision. Opportunity to acquire a 48-room private motel at an asking price of $1,999,999—approximately $41,667 per room—in Sedro-Woolley, Washington. Located on State Route 20, the property occupies a strategic location between Interstate 5 and the North Cascades. The site is within 1/2 mile of PeaceHealth United General Medical Center and near downtown Sedro-Woolley, North Cascades National Park, Mount Baker, Diablo Lake, the Skagit Valley Tulip Festival, Cascade Loop Scenic Highway, and year-round recreation. Acquire a 48-room motel at an attractive per-room cost, renovate, and reposition the property to serve tourists, medical visitors, contractors, business travelers, and regional guests. The Sedro-Woolley motel has been pre-approved for conversion by Wyndham (Dazzler by Wyndham), Red Roof Inn, Sonesta Hotels (Sonesta Select), and Americas Best Value Inn, Park Inn (Choice Hotels) giving investors the flexibility to choose from nationally recognized brands. The motel is modeled at a $115 average daily rate and 65% stabilized occupancy, producing approximately $1.28M in annual room revenue and approximately $640K projected NOI before debt service and taxes.

1862 State Route 20, Sedro Woolley

Listing courtesy of Every Door Real Estate.

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