Dutch Cup Motel & Residences 101 Dutch Cup Ln 21 Room Hotel Sultan, WA 98294 $3,200,000 ($152,381/Room)

The property for sale includes the Dutch Cup Motel, three single family houses, a 4-plex, and 3 operational mobile home pads situated on a large 2.39 acre lot in Downtown Sultan. Exceptional redevelopment potential on a sizable lot.
Originally constructed in 1970, the Dutch Cup is a 22-key motel which fronts Main Street and has great visibility from Highway 2. Directly behind the Dutch Cup is about 2 acres of flat land that is zoned for high density residential. This additional land includes the single family rentals, 4-plex building, and mobile home pads which all provide income for the owner. Exceptional redevelopment potential on a sizable lot.
This opportunity allows for an investor to maximize operations of the Motel since it is the only motel in Sultan, WA. The Dutch Cup is a very charming and inviting motel. The current ownership group self manages and have operated the motel for many years. Additionally, we believe an investor can redevelop the 2 acres of land in the back to build either multifamily housing or single family homes. Large national home builders such as Lennar are already taking advantage of Sultan’s lack of housing supply and immediate proximity to major employers. An investor will be able to hold and optimize for income while applying for permits to redevelop the land in back. Utilities are already on site.