12803 E Sprague Ave

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12803 E Sprague Ave

Spokane, WA 99216
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B

What's Special

Hospitality <p><span style="font-weight: bold">Salem investment highlights</span></p><ul><li>​Ideally positioned within the core Salem submarket near a diverse mix of government, healthcare, and commercial demand</li><li>​Salem represents one of the most stable government‑driven employment bases in the Pacific northwest</li><li>​Large studio‑style rooms with kitchenettes, designed for extended‑stay guests</li><li>​Improving Revpar performance driven by government, healthcare, and extended‑stay demand</li><l

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times