112 E Central

    Gates, OR 97346
    • $849,900
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: 757939
    UPDATED: 2 min ago
    $849,900
    • 0
      BEDS
    • 2.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Listing information © 2019 Willamette Valley Multiple Listing Service
    Listing provided courtesy of Berkshire Hathaway Homeservices R E Prof Stayton Branch

    Description

    Investment Opportunity at your fingertips. Motel & Park is an est investment w/in 15 mins to Detroit Lake & Rec. Motel includes 7 rms-new mattresses, TVs w/cable syst, & mesh WIFI. 3 rms include mini ktchns. Plumbing & roofs have recent updates. Manager Apart. close to Motel for ease in helping guests, fully managed w/a current cap rate of 7%. RV Park has 7 RV spots avail that incl water, elect, & sewer. Shop/Strg w/loft & sep entrance away from motel. 6 Mobile Hms currently rented out. See MLS # 757958.

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    © 2019 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Beem Team - Keller Williams Realty Mid-Willamette. Data last updated: 2019-12-12T09:08:50.86.
    www.midvalleyhomesource.com/homes/101417864

    112 E Central Gates, OR 97346

    • Price: $849,900
    • Status: Active
    • Updated: 2 min ago
    • MLS #: 757939
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.2
    Acres
    Neighborhood:
    90 MARION COUNTY
    County:
    Marion
    Area:
    90 MARION COUNTY
    Property Description
    Investment Opportunity at your fingertips. Motel & Park is an est investment w/in 15 mins to Detroit Lake & Rec. Motel includes 7 rms-new mattresses, TVs w/cable syst, & mesh WIFI. 3 rms include mini ktchns. Plumbing & roofs have recent updates. Manager Apart. close to Motel for ease in helping guests, fully managed w/a current cap rate of 7%. RV Park has 7 RV spots avail that incl water, elect, & sewer. Shop/Strg w/loft & sep entrance away from motel. 6 Mobile Hms currently rented out. See MLS # 757958.
    Exterior Features

    Fenced Yes Foundation Continuous Roof Composition Trailer Parking Yes View Territorial

    Interior Features

    Heating Zonal

    Property Features

    Cap Rate 7% Commercial Type Business Opportunity Cross Street Horeb Electric 9385 Expenses Actual Or Projected Actual Flood Plain No Garbage 2390 Gas 6291 Gross Sched Income 126078 High Speed Comm Access Present Insurance 6051 Maintenance 17914 Mgmt Acct 14169 Miscellaneous 3422 Net Income 59111 New Construction No Possession Nego Property Name See Private Remarks Property Taxes 3587 Property Use Type BusinessInvestment Sewer Septic Tax Amount 4496 Tax Years 2018 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 66968 Water CityWell Water Sewer 3762 Zoning Cr



    © 2019 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Beem Team - Keller Williams Realty Mid-Willamette. Data last updated: 2019-12-12T09:08:50.86.
     
    The Beem Team - Keller Williams Realty Mid-Willamette
    2125 Pacific Blvd SW
    Albany OR, 97321
    Listing information © 2019 Willamette Valley Multiple Listing Service
    Listing provided courtesy of Berkshire Hathaway Homeservices R E Prof Stayton Branch