Japan House Suites

Hospitality for Sale
Catylist Listing ID: 30145457
Property Subtypes: Motel
Number of Units: 23 Units
Building Size (RSF): 8,125 SF
Gross Building Area: See Agent
Gross Land Area: 21,000 SF
Sale Price: $1,695,000
Unit Price: $73,695.65 Per Unit
Property Use Type: Business
Building Name: Japan House Suites
Name of Establishment: Japan House Suites
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 5.3%
Last Updated: 6/18/2018

Overview / Comments

Under performing Motel based on reported income. 22 units plus single family residence used as office and managers quarters. Great location on East Sherman Ave near I-90 exit 15. Owner will finance for qualified purchaser. Reported cash flow of $90,630.

Attachments & Media

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai County
Tax ID/APN: 110851
Zoning: COMM

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,770 28,014 53,955
Median Age: 35.69 36.87 38.1
Households: 2,497 12,320 22,212
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