Investment Opportunity at your fingertips. Motel & Park is an est investment w/in 15 mins to Detroit Lake & Rec. Motel includes 7 rms-new mattresses, TV's w/cable syst, & mesh WIFI. 3 rms include mini ktchns. Plumbing & roofs have recent updates. Manager Apart. close to Motel for ease in helping guests, fully managed w/a current cap rate of 7%. RV Park has 7 RV spots avail that incl water, elect, & sewer. Shop/Strg w/loft & sep entrance away from motel. 6 Mobile Hms currently rented out. See MLS # 757939.
Off market
$340,700
112 E Central Ave, Gates, OR 97346
--beds
0baths
1,099sqft
MultiFamily
Built in 1953
-- sqft lot
$340,700 Zestimate®
$310/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: Laundry Center
Features
- Wired for Data
Interior area
- Total interior livable area: 1,099 sqft
Property
Parking
- Details: RV/Camper Pad: RV Disposal
Features
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.20 Acres
- Features: Irregular Lot
Details
- Parcel number: 541610
- Zoning: CR
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Gates
Other
Other facts
- ViewYN: true
- Sewer: Septic Tank
- WaterSource: Well
- Zoning: CR
- HeatingYN: true
- Heating: Zoned
- Fencing: Fenced
- Roof: Composition
- NumberOfUnitsTotal: 20
- StructureType: Flat
- LotFeatures: Irregular Lot
- CurrentUse: Investment, Business
- InteriorFeatures: Wired for Data
- View: Territorial
- LaundryFeatures: Laundry Center
- FoundationDetails: Continuous
- ExteriorFeatures: Yellow
- MlsStatus: Active
- ElectricExpense: 9385
- FuelExpense: 9291
- MaintenanceExpense: 17914
- OtherParking: RV/Camper Pad: RV Disposal
- TrashExpense: 2389
- WaterSewerExpense: 3762
Services availability

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