600 99Th St Vancouver, WA 98665

This exceptional 45-key hotel in Vancouver, Washington, presents a compelling investment opportunity. Located in an Opportunity Zone, this property offers significant tax advantages for investors seeking to capitalize on its value-add potential. Currently generating a Net Operating Income (NOI) of $447,510 and boasting a 12.88% capitalization rate, this hotel represents a strong return on investment. The property enjoys a highly visible highway frontage, providing excellent accessibility and exposure. With a 4.2-star Google rating based on 467 reviews, there's clear potential for operational improvements and enhanced guest experience. The hotel features a diverse mix of rooms and suites, all equipped with kitchenettes, catering to a broad range of guests. Furthermore, the property's strategic location offers proximity to numerous recreational activities, including hiking, fishing, water sports, and wine tasting, as well as cultural attractions, restaurants, and entertainment venues. The existing structure also presents conversion options for alternative uses, such as apartments, homeless shelters, or medical centers, offering flexibility and future development potential. Truck, bus, and RV pull-through parking is available. The asking price is $3,475,000. This is a rare opportunity to acquire a well-situated hotel with substantial upside in a thriving community.