Description
Cozy cottage motel, high revenue, low overhead opportunity $1,700,000 – Owner retiring due to health, a must-see property in the heart of Elma, 16 total units, consisting of 10 motel rooms and 6 fully furnished apartments, cash cow. Strong nightly + long-term bookings, on-site coin laundromat (pure profit) Features a high-capacity coin-operated laundromat with 14 washers and 14 dryers, providing an additional steady revenue stream, overhead almost nil. No staff needed, just a couple can run it: check-ins, laundry, light cleaning. New roof 2025, asphalt 2025, siding and windows have a current bid for $120,000 will be completed 2 and a half weeks after closing or depending on contractor’s schedule. Prime location near restaurants and shops. Generates serious revenue—call for pro forma. Turnkey, profitable, low-stress—ideal for the right buyer. Rudy Amesquita is a Washington licensed real estate agent and owner of CJNR LLC.
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0BEDS
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0.58ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of HomeSmart Real Estate Assoc.
Mortgage Calculator is provided by BoomTown.
Description
Cozy cottage motel, high revenue, low overhead opportunity $1,700,000 – Owner retiring due to health, a must-see property in the heart of Elma, 16 total units, consisting of 10 motel rooms and 6 fully furnished apartments, cash cow. Strong nightly + long-term bookings, on-site coin laundromat (pure profit) Features a high-capacity coin-operated laundromat with 14 washers and 14 dryers, providing an additional steady revenue stream, overhead almost nil. No staff needed, just a couple can run it: check-ins, laundry, light cleaning. New roof 2025, asphalt 2025, siding and windows have a current bid for $120,000 will be completed 2 and a half weeks after closing or depending on contractor’s schedule. Prime location near restaurants and shops. Generates serious revenue—call for pro forma. Turnkey, profitable, low-stress—ideal for the right buyer. Rudy Amesquita is a Washington licensed real estate agent and owner of CJNR LLC.
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