Listing Agency: eXp Realty h***@gmail.com Show Phone

Listed By: Hollie Tipps · License #21018337 Show Phone

Source: Exprealty

Added: Jul 29 Changed: Aug 17 Last Checked: Aug 17 at 6:57PM

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Investment Insights

Based on property information with market context.

The Sky Deck Motel is a 21-room hospitality property positioned directly on Banks Lake. The asset includes access to the lake and an outdoor swimming pool, providing recreational amenities alongside guest lodging. Its waterfront setting supports a hospitality-focused operation in an Eastern Washington recreation destination.

The offering also includes a separate nearby apartment property. That residential component is fully occupied and contains a combination of one-bedroom and two-bedroom units. The two parcels provide distinct lodging and residential rental components within the same acquisition opportunity, while each property may also be considered individually.

Key Highlights

• 21 guest rooms at the Sky Deck Motel
• Directly on Banks Lake with lake access
• Outdoor swimming pool included

Property Analytics

Property Profile

Current Use

Motels

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Computer & Electronic Repair Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

59

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this motels located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Sky Deck Motel — 138 Miller Ave, Electric City, WA 99123

Frequently Asked Questions

What type of property is this?

Motel - Lakeside lodging property with guest rooms, lake access, and an outdoor swimming pool.

Where is this motel located?

The property is located at 118 Miller Ave N Electric City, WA.

What is the asking price?

The asking price for this property is $10,000,000.

What are key features of this property?

This property features: 21 guest rooms at the Sky Deck Motel; Directly on Banks Lake with lake access; Outdoor swimming pool included