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21661347
21661348

312 1st St, Sprague, WA 99032

SR
OR 201209377
Rim Rock Investments
Listed by Rim Rock Investments
$1,325,000
505 days on market
Updated 28 days ago
Opportunity zone

Sprague Motel & RV Park

Details
Property Type Hospitality, Land
Sub Type Motel
Square Footage 4,692
Cap Rate 7.37%
NOI $97,653
Pro-Forma Cap Rate 9.06%
Pro-Forma NOI $120,000
Broker Co-Op Yes
Buildings 1
Stories 1
Acreage 1.560
Investment Type Owner/User
Sale Condition For sale by owner

Motel & RV Park

Marketing description

Great investment opportunity for a revitalized business with plenty of untapped potential remaining. The Sprague Motel & RV Park has a long history with a great repeat customer base and a convenient location along Interstate 90 for weary travelers. The Sprague area features several lakes and public land areas making it a popular location to hunt, fish and recreate. The property features 9 motel rooms, 17 RV spaces, a public laundromat, propane refilling and an on-site manager's quarters. This is the only public laundry and propane refilling within a 30 minute radius. Current ownership has invested in a lobby remodel, several room remodels, laundromat installation, RV bathrooms remodel, exterior paint and more. The property features potential for expansion as well. If you are looking for solid investment with remaining upside potential this could be it!

Listing Contacts

SR
OR 201209377
Rim Rock Investments
Listed by Rim Rock Investments

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,653.00
$8,137.75/mo

Valuation Metrics

0
DSCR
7.37%
Cap Rate
7.37%
ROI

Map

Zoning

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AG AgricultureAgricultural
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Kellen Parton
License
21015708
Brokerage
Real Estate Marketplace, NW Inc.
Brokerage Phone
509-630-4721
Title
Broker of Record
Brokerage Address
404 S Main St, Deer Park, WA 99006
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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