Bellis Inn – Bellingham, WA

  • $6,999,000
3710 Meridian Street, Bellingham, WA, 98225
For Sale
Bellis Inn – Bellingham, WA
3710 Meridian Street, Bellingham, WA, 98225
  • $6,999,000

Overview

Property ID: 691623
  • Hotel/Motel
  • Property Type
  • For Sale
  • Listing Type
  • 29118
  • Building (sq ft)
  • 46670
  • Lot Size
  • 1993
  • Year Built
  • Hotel/Motel,Specialty
  • Asset Class

Description

Bellis Inn #691623
Status: Available
2023 Financials: Gross Income $1,016,000, Net Income $525,000, CAP Rate 7.5%2022 Financials: Gross Income $1,125,000, Net Income $547,000, CAP Rate 7.8%2021 Financials: Gross Income $1,050,000, Net Income $510,000, CAP Rate 7.3%Discover The Exceptional 71-Room Bellis Inn Hotel, A Prime Investment Opportunity In Beautiful Bellingham, Washington, Now On The Market For $6,999,000. This Property, Offered By A Retiring Operator, Stands Out As A Higher-Quality Property Compared To Notable Brands Such As Red Lion, Best Western And Other Comparable Flags.The Bellis Inn Features 36 Single Rooms, 32 Double Rooms, And 3 Handicap-Accessible Rooms, For Added Potential, The Property Includes A Currently Inactive Spa Room With A Shower And Jacuzzi, Ready To Be Revitalized For Guest Enjoyment.

Market Area: Whatcom County
County: Whatcom
Listing Type: For Sale
Asset Class: Hotel/Motel,Specialty
General Zoning: C
Cap Rate: 0
Year Built: 1993
Construction Type: Framed
Floors: 3
Parking: 0  (Covered: 0 & Uncovered: 0)

Flyer(s):


Listing Courtesy of: Real Estate 2000 Corp. – David Hilbert (#4473)

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

Property Documents

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  • 3710 - Meridian Street
    Bellingham, WA 98225
    USA
  • Whatcom County

Features

Properties with the CBA logo are listed by the Commercial Brokers Association.
Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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