609 E 1st Ave $392,000

    Close

    609 E 1st Ave Odessa, WA 99159

    • 0.42 Acres
    • Commercial/Industrial
    Listing# 1382700 | Active

    $392,000

    Request Info
    Days On Market: 316 0 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Clean, updated motel with 12 themed rooms in Odessa, WA. Great owners apartment with 2 bedrooms. The owners have started a tour business in conjunction with the motel. The tours and events bring people to Odessa who book rooms at the motel while they enjoy various day trips. Additional vacant land behind the motel that is included in the sale allows for the addition of more rooms, cabins or RV campground. Odessa is a hunting and fishing destination and is home to the annual Deutchesfest.

    • General Features
      • County Lincoln
      • Zoning Jurisdiction City
      • Style 64-Hotel/Motel
      • Approx Building SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 16
      • Total Covered Parking 0
    • Building Features
      • Exterior Metal/Vinyl
      • Foundation Poured Concrete, Slab
      • Roof Composition
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Features Satellite, Signage Included, Sprinklered
      • Heating and Cooling Baseboard, Forced Air
    • Property Features
      • Lot Square Footage 18,432
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 5905
      • Sewer Sewer Connected
      • Sewer Company Town of Odessa
      • Energy Source Electric, Natural Gas
      • Power Company Avista
      • Number of Available Pads 0
    • Financials
      • Free and Clear Y
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 8
      • Gross Scheduled Income $89,568
      • Gross Adjusted Income $69,556
      • Total Expenses $2,012
      • NOI $30,000
      • Electrical Expenses $8,254
      • Tax Expense $2,926
      • Heating Expense $0
      • Insurance Expense $2,927
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

    Contact

    Neighborhood

    99159 (Odessa) Demographics

    53Median Age
    3Population Density (per sq. mile)
    33%College Educated
    $48,516 Estimated Median Income
    482Estimated Total Home Owners
    161Estimated Total Renters
    75% / 25%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    1,482Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $392,000
    5/14/2019 9:01:12 PM Price Increased Source New Value: $392,000 4.53%
    11/2/2018 3:21:00 PM New in Database Source New Value: $375,000

    Payment Calculator

    $0 per month
    Year Fixed, Interest
    Principal and Interest
    $0
    Property Taxes
    Homeowners' Insurance

    Home Price
    Down Payment

    This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.