Sultan Motel and Residential
101 Dutch Cup Ln Sultan, WA
For Sale
Contact for pricing
2.39 acre lot with motel, homes, and redevelopment potential.
Property Size12,708 SF
Lot Size2.39 Acres
Price / SF$251.81
Days on Market245
Property Features for 101 Dutch Cup Ln
General Information
Standard status
Active
Size
12,708 SF
Lot size
2.39 Acres
Property subtype
HOSPITALITY
Listing Agency:
Westlake Associates, Inc.
(206) 250-9934
Listed By:
River Voorhees
(206) 250-9934
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westlake Associates, Inc.
Investment Insights
Based on property information with market context.
The property for sale features the Dutch Cup Motel, along with three single family houses, a 4-plex, and three operational mobile home pads. The entire complex is situated on a 2.39 acre lot in Downtown Sultan, presenting redevelopment potential. Originally constructed in 1970, the Dutch Cup is a 22-key motel with frontage on Main Street and visibility from Highway 2. Behind the Dutch Cup is approximately 2 acres of flat land zoned for high density residential development. This additional land includes the single family rentals, the 4-plex building, and the mobile home pads, all of which provide income. This opportunity allows an investor to maximize operations of the Motel, as it is the only motel in Sultan, WA. The current ownership group self manages and have operated the motel for many years. The property offers the potential to redevelop the 2 acres of land in the back to build either multifamily housing or single family homes. Utilities are already on site.
Key Highlights
- High‑density residential zoning on 2 acres allows for exceptional redevelopment potential.
- Income‑generating property with a 22‑key motel, three single‑family rentals, a 4‑plex, and three mobile home pads.
- The Dutch Cup Motel is the only motel in Sultan, WA, offering a unique business opportunity.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $320.2k | $25.20 |
| − Vacancy | −$17.6k | −$1.39 |
| EGI | $302.6k | $23.81 |
| − OpEx | −$90.8k | −$7.14 |
| NOI | $211.8k | $16.67 |
12,708 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$3.03M
$2.65M – $3.53M
NOI $211,840 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$2.72M
$2.38M – $3.17M
NOI $190,077 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $248,083 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Dutch Cup Motel — 101 Dutch Cup Ln, Sultan, WA 98294
Frequently Asked Questions
What type of property is this?
Motel - 2.39 acre lot with motel, homes, and redevelopment potential.
Where is this motel located?
The property is located at 101 Dutch Cup Ln Sultan, WA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: High‑density residential zoning on 2 acres allows for exceptional redevelopment potential.; Income‑generating property with a 22‑key motel, three single‑family rentals, a 4‑plex, and three mobile home pads.; The Dutch Cup Motel is the only motel in Sultan, WA, offering a unique business opportunity.
