Hospitality
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Airway Heights, WA Hospitality Properties for Sale

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Spokane, WA Medical Lake, WA Cheney, WA Reardan, WA Nine Mile Falls, WA
51-Unit Mobile Home & RV Park
Updated: Jan 26
51-Unit Mobile Home & RV Park

12525 W Sunset Hwy, Airway Heights, WA 99001

$3,699,000
2,400 sqft 4.17 AC lot
High Cap Rate: Enjoy a 12.07% cap rate with substantial proforma gross and net income for 2024.
Diverse Income Streams: Property features a combination of mobile home, RV park, and motel units.
Redevelopment Potential: Zoned Commercial C1‑A, allowing for retail, office, motel, automotive center, and restaurants.
Sizeable Property: Situated on 4.17 acres with 51 units, warehouse, and used car lot.
Strategic Location: Close to Fairchild Air Force Base, Spokane International Airport, and new Amazon facility.
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Mobile Home, RV Park, Motel
Updated: Mar 26
Mobile Home, RV Park, Motel

12525 Sunset, Airway Heights, WA 99001

$3,699,000
2,400 sqft 4.17 AC lot
High Cap Rate: 12.07% (2024 Proforma) and 13.22% (2023 Actuals) indicate strong income potential.
Significant Net Income: $458,818 (2024 Proforma) and $502,218 (2023 Actuals) demonstrate profitability.
Diverse Income Streams: Combination of mobile home park (16 units), RV spaces (10), and motel (24 rooms) provides multiple revenue sources.
Commercial Zoning (C1‑A): Allows for redevelopment into various commercial uses including retail, office, motel, automotive, and restaurants.
Recent Upgrades: $365,000 invested in roof, sewer, and road improvements.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Airway Heights, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Story Hotel Near Hospitals
Six-Story Hotel Near Hospitals

104-110 E 4th Ave, Spokane, WA 99202

Contact for pricing
63,810 sqft 2.25 AC lot

Remodeled lodging property positioned within Spokane’s hospital district with substantial parking and adaptive reuse potential.

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Six-Story Hotel Property
Six-Story Hotel Property

104 E 4th Ave, Spokane, WA 99202

Contact for pricing

Former hotel asset with on-site parking near Spokane’s major medical facilities.

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Highway Corner Commercial Lot Opportunity
Highway Corner Commercial Lot Opportunity

30 Logan Street, Davenport, WA

Contact for pricing
0.74 AC lot

Prime corner lot in Davenport with multiple development possibilities.

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Corner RV Park and Motel Site
Corner RV Park and Motel Site

30 Logan Street, Davenport, WA 99122

Contact for pricing
0.74 AC lot

Parcel on a corner of US-2 and WA-25 with six RV spots and an old motel building.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Year-Round Stream
Land with Year-Round Stream

Rail Canyon Rd lot: 12, Springdale, WA 99173

$69,000
21.24 AC lot

Mountain views, easement access, and a small level pad add practical features for recreational use.

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Off-Market Properties in Airway Heights, WA

Consider similar Off-Market properties in Airway Heights, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

12911 13th Ave
HOTEL/MOTEL

12911 13th Ave, Airway Heights, WA 99001-8609

$3,595,000
Estimated value
245 sqft 0.69 AC lot
View details
13504 Sunset Hwy
HOTEL/MOTEL

13504 Sunset Hwy, Airway Heights, WA 99001-9463

$270,000
Estimated value
4,268 sqft 0.43 AC lot
View details
11808 Ctr Ln
HOTEL

11808 Ctr Ln, Airway Heights, WA 99001-9071

$560,000
Estimated value
2,500 sqft 2.94 AC lot
View details
12525 Sunset Hwy
HOTEL/MOTEL

12525 Sunset Hwy, Airway Heights, WA 99001-9457

$435,000
Estimated value
10,424 sqft 4.17 AC lot
View details
1215 Garfield Rd
HOTEL

1215 Garfield Rd, Airway Heights, WA 99001-9712

$915,000
Estimated value
28,400 sqft 2.00 AC lot
View details
13818 Sunset Hwy
HOTEL/MOTEL

13818 Sunset Hwy, Airway Heights, WA 99001

$265,000
Estimated value
4,154 sqft 0.40 AC lot
View details

Airway Heights, WA Hospitality Properties Market Trends and Statistics

Explore 8 hospitality properties for sale in Airway Heights, WA on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $7,398,000.

Sale prices for hospitality properties in Airway Heights, WA average $3,699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 3

Demographics Overview

Population 8,931
Population Growth (5Y) +31.4%
Median Household Income $60,182
College Educated 24.7%

High-Yield Neighborhoods for Investment

Identify Airway Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
99001 $3.7M

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $16.16 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Spokane County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Airway Heights fall within the 10,000 to 25,000 square foot range.

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