Main Photo: 5422 W 16 HIGHWAY in Terrace: Terrace - City Business Opportunity for sale in "MUMFORD'S" : MLS®# C8044843
Status:
Sold
Prop. Type:
Commercial
MLS® Num:
C8044843
Sold Date:
Jul 20, 2022
Bus Minor:
Hotel/Motel
ABOVE INFORMATION IS FROM SOURCES BELIEVED TO BE RELIABLE, BUT SHOULD NOT BE RELIED UPON WITHOUT VERIFICATION ... ASSUMES NO RESPONSIBILITY FOR ITS ACCURACY. This MOTEL is comprised of 19 full Kitchenette suites, one housekeeper apartment with 3 beds/2 baths. The housekeeper would like to stay. Too many upgrades done in 2018 on this property to list. Excellent revenue with regular long-time contracts in place showing a GOOD CAP RATE makes this a great investment opportunity in this growing city of Terrace.
Price:
$1,699,000
Property Type:
Commercial
Business (Minor):
Hotel/Motel
MLS® Num:
C8044843
Status:
Sold
  • Photo 1: 5422 W 16 HIGHWAY in Terrace: Terrace - City Business Opportunity for sale in "MUMFORD'S" : MLS®# C8044843
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Listed by Nationwide Realty Corp.
Data was last updated July 17, 2025 at 11:40 PM (UTC)