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38820 WA-706
Ashford, WA 98304
Gateway Inn at Mt. Rainier · Hospitality Property For Sale
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30 Rooms
Investment Highlights
- Midscale | Limited-Service | 37 Keys
- Seller Financing Available On Principal Of Loan Only - Pace Morby style financing offers will not be entertained.
- Upside With Repositioning & Cosmetics | Potential Reconversion–Store/Café Space
- 11.52% Cap Rate, 22.89% ROI, & 4.39 GRM (Actuals) - **Pace-Morby-style offers will NOT be entertained.**
- At Year-Round Mt. Rainier National Park Gate | Highway Frontage In High-Traffic Corridor
- Expansion Potential On Owned Acreage
Property Facts
Amenities
- On-Site Retail
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $164.00 | - |
| Guest Room | 26 | $139.00 | - |
Property Taxes
| Parcel Number | 071533-4008 | Improvements Assessment | $937,900 |
| Land Assessment | $226,300 | Total Assessment | $1,164,200 |
Property Taxes
Parcel Number
071533-4008
Land Assessment
$226,300
Improvements Assessment
$937,900
Total Assessment
$1,164,200
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