8421 Evergreen Way, Everett, WA 98208
For Sale
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The Sunrise Inn, a 66-unit motel located at 8421 Evergreen Way, Everett, WA 98208, presents a compelling investment opportunity. This two-story property, situated on a 42,253 square foot lot in Snohomish County (APN 28051800201300), offers 19,872 square feet of building space. Built in 1981, the motel boasts a strong performance history, generating gross sales of $1,065,553 in 2023. This fee-simple property is priced at $6,700,000 and is ideally positioned in Everett, Washington, a city with significant growth potential. The property's established revenue stream and prime location make it an attractive asset for investors seeking a strong return on investment in the hospitality sector. The Sunrise Inn represents a chance to acquire a well-established business with a proven track record of success in a desirable market. This is a rare opportunity to own a substantial motel in a thriving area with excellent potential for future growth and profitability. Detailed financial information is available upon request.
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Sunrise Inn Everett Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Everett, WAEverett. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.