Greathouse Motel | 740 E Washington St
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Greathouse Motel 740 E Washington St
20 Room Hotel Sequim, WA 98382 £978,063 (£48,903/Room)
Investment Highlights
- 20-Room, Select-Service, Independent Hotel
- Situated 26 Miles from Jefferson County International Airport
- 0.25 Acres of Empty Land
- Located Less Than a Mile from Sequim Botanical Garden, Carrie Blake Park, and James Center for the Performing Arts
- Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
Executive Summary
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Great House Motel (‘Hotel’ or ‘Property’) located in Sequim, WA. The independent hotel is offered at $1,250,000 or $62,500 per key.
The Great House Motel is a 20-room Hotel stationed at 740 E Washington St in Sequim, Washington, near Highway 101. With kitchenettes available in select rooms, the Property’s guest rooms all feature a television, microwave, and mini refrigerator.
Sequim, nestled in Washington State, offers an array of attractions and activities amidst its stunning landscapes. Travelers can explore the serene trails of the Olympic Discovery Trail or indulge in birdwatching and beachcombing at the captivating Dungeness Spit and Dungeness National Wildlife Refuge. Lavender enthusiasts flock to the region during summer for the Lavender Festival and visits to the B&B Lavender Farm. The area boasts historical landmarks like the New Dungeness Lighthouse and the John Wayne Marina, offering glimpses into the region's past. Nature lovers can immerse themselves in the beauty of Olympic National Forest, visit the Olympic Game Farm, and revel in the natural surroundings at Cline Spit County Park. The Dungeness River Audubon Center offers educational experiences, while the Graymarsh Berry Farm entices visitors with its berry picking activities. The Northwest Native Expression Art Gallery showcases indigenous art, and the Dungeness Recreation Center provides recreational opportunities, making Sequim a delightful destination for diverse interests.
BROKER OF RECORD
Joel Deis
Washington
P: (206) 826-5700
Lic #: 25469
CBA Office No: 974500
The Great House Motel is a 20-room Hotel stationed at 740 E Washington St in Sequim, Washington, near Highway 101. With kitchenettes available in select rooms, the Property’s guest rooms all feature a television, microwave, and mini refrigerator.
Sequim, nestled in Washington State, offers an array of attractions and activities amidst its stunning landscapes. Travelers can explore the serene trails of the Olympic Discovery Trail or indulge in birdwatching and beachcombing at the captivating Dungeness Spit and Dungeness National Wildlife Refuge. Lavender enthusiasts flock to the region during summer for the Lavender Festival and visits to the B&B Lavender Farm. The area boasts historical landmarks like the New Dungeness Lighthouse and the John Wayne Marina, offering glimpses into the region's past. Nature lovers can immerse themselves in the beauty of Olympic National Forest, visit the Olympic Game Farm, and revel in the natural surroundings at Cline Spit County Park. The Dungeness River Audubon Center offers educational experiences, while the Graymarsh Berry Farm entices visitors with its berry picking activities. The Northwest Native Expression Art Gallery showcases indigenous art, and the Dungeness Recreation Center provides recreational opportunities, making Sequim a delightful destination for diverse interests.
BROKER OF RECORD
Joel Deis
Washington
P: (206) 826-5700
Lic #: 25469
CBA Office No: 974500
Property Facts
| Price | £978,063 | Building Size | 8,000 SF |
| Price Per Room | £48,903 | No. Rooms | 20 |
| Sale Type | Investment | Number of Floors | 1 |
| Property Type | Hospitality | Year Built | 1965 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.89 AC | Opportunity Zone |
Yes
|
| Price | £978,063 |
| Price Per Room | £48,903 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 8,000 SF |
| No. Rooms | 20 |
| Number of Floors | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | £53.21 | - |
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zoning
| Zoning Code | S_C-3 |
| S_C-3 |
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Huberth Marak -
Skyler Cooper -
Marcus & Millichap
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Greathouse Motel | 740 E Washington St
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