07/10/2024
24 Unit Hotel in Tacoma in Prime Location!
8821 Pacific Ave
Tacoma, WA 98444
Price: $1,775,000
Building Size: 5,904 Sqft
Lot Size: 38,618 Sqft
Year Built: 1958
24 Unit Hotel
Laundry room5 acre parcel included vacant
Details:
Prime location on Pacific Avenue. Versatile property with additional development opportunities. Selling Real Property & Business together on Pacific Ave. 2 separate buildings, 1-story 2,352 sqft and 2-stories 3,552 sqft, extra land space for more. 21 Guest rooms and extra 2-Bdr/Living rm for manager. Some remodeling to total 17units, 4 bigger rooms will placed with the long-terms. Or you can keep as 21 rooms. Currently long-term livings in place about 50%. Renovated in 2018. Each room provide free Wi-Fi, new A/C & spring cooler. Absentee-run with 1 manager, 1 maintenance, 1 cleaner. Generated over $440K Gross in 2023.
Pacific Lodge room info:
1. Weekly..$500
2..monthly..$2400
3. Daily..$90
4. Monthly..$2400
5. Manager room no charge
6. Weekly..$500 ..it will be changed to monthly $2100
7. Monthly..$1850
8. Daily...$90
9. Monthly..$1850
10. Remodeling
11. $2400
12. Remodeling
13. Remodeling
14. Remodeling
15. monthly $2200
16. Monthly$2200
R10 smallest room...Remodeling
R12...smallest room ..Remodeling
R14...smallest room..Remodeling
R16..smallest..Remodeling
#1-10,12,14,26 are single rooms
#11,13,15,17 double rooms
https://share.icloud.com/photos/025p4ssS2E-eHuFtvuhC54Yig (https://share.icloud.com/photos/025p4ssS2E-eHuFtvuhC54Yig)
40 Photos