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Howard Johnson Express
405 Highway 2, Leavenworth, WA 98826
41 Rooms | Hotel & Motel
Hotel / Motel - Off Market
- No. Rooms:
- Building Size:
- 15,000 SF
- Property Type:
- Hotel & Motel
- Property Sub-type:
- Economy/ Limited Service
- Property Use Type:
- No. Stories:
- Year Built:
- Lot Size:
- 14,791 SF
- Parking Ratio:
- 1 / 1,000 SF
- Listing ID
- Last Updated
- over 1 year ago
- Very stong newly renovated motor inn.
- Great highway visibility.
- Perfect owner operator opportunity
- Seller financing to qualified buyer.
- Howard Johnson Express Franchise
- High Quality of Life location
Leavenworth as Washington s Bavarian Village and having been honored in 2003 by the A & E television network as The Ultimate Holiday Town USA , combined with a growing meeting demand and a proposed $300,000,000 Neutrino research facility is becoming one of the States fastest growing science and holiday destination areas.
The Howard Johnson Express is a very attractive 41-unit motor inn that is well maintained and offers the pleasure and commercial guests state of the art room accommodations. It provides ample covered and open parking, complementary breakfast, indoor/outdoor pool, and indoor spa. The guest rooms are well appointed featuring coffee makers, iron, ironing board, microwave, refrigerator, fireplace (6), writing tables, data ports, satellite television, individual safes and motion sensing utility controls. The Howard Johnson Express franchise is part of the sale and can be transferred by the franchiser to a qualified new owner.
This property, after renovation has steadily improved its occupancy, average rate and revenue performance.
Leavenworth is located approximately two and one half hours from Seattle, Wa. on Highway 2. It is scenically situated in the Cascade Mountain range along side the Wenatchee River. It has a strong lodging market with limited opportunity to add new rooms. It is a market with strong summer and winter seasons peaking in August and December. The Leavenworth market occupancy average for limited service lodging is 45%. With the expected increase in occupancy to the market average levels, this investment offers exceptional upward opportunity for both the investor seeking to add predictable positive cash flow to an existing portfolio; and, to an owner operator.
Map of 405 Highway 2, Leavenworth, WA 98826
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P