Bellis Inn – Bellingham, WA

  • $6,499,000
3710 Meridian Street, Bellingham, WA, 98225
For Sale
Bellis Inn – Bellingham, WA
3710 Meridian Street, Bellingham, WA, 98225
  • $6,499,000

Overview

Property ID: 691623
  • Hotel/Motel
  • Property Type
  • 29118
  • 1993
  • Year Built

Description

Bellis Inn #281130

Status: Available
2024 Financials: Gross Income $966,842, Net Income $576,947, CAP Rate 8.9%2023 Financials: Gross Income $1,041,944, Net Income $550,816, CAP Rate 8.5%2022 Financials: Gross Income $1,150,279, Net Income $572,813, CAP Rate 8.8%2021 Financials: Gross Income $1,075,674, Net Income $536,002, CAP Rate 8.2%Discover The Exceptional 71-Room Bellis Inn Hotel, A Prime Investment Opportunity In Beautiful Bellingham, Washington, Now On The Market For $6,499,000! 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

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.

 

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

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