Listing provided courtesy of HomeSmart Real Estate AssocNWMLSMLS# NWM2484447MLS Provider
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Cozy cottage motel, high revenue, low overhead opportunity $1,700,000 – Owner retiring due to health, a must-see property in the heart of Elma, 16 total units, consisting of 10 motel rooms and 6 fully furnished apartments, cash cow. Strong nightly + long-term bookings, on-site coin laundromat (pure profit) Features a high-capacity coin-operated laundromat with 14 washers and 14 dryers, providing an additional steady revenue stream, overhead almost nil. No staff needed, just a couple can run it: check-ins, laundry, light cleaning. New roof 2025, asphalt 2025, siding and windows have a current bid for $120,000 will be completed 2 and a half weeks after closing or depending on contractor’s schedule. Prime location near restaurants and shops. Generates serious revenue—call for pro forma. Turnkey, profitable, low-stress—ideal for the right buyer. Rudy Amesquita is a Washington licensed real estate agent and owner of CJNR LLC.

Source: NWMLS, MLS#: NWM2484447

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  • Property Type
    Business Opportunity
  • Lot
    0.58 acres

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Jordan Doughty

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  • Median Age
    41
  • Population Density
    51
  • College Educated
    22%
  • Estimated Median Income
    $52,029
  • Estimated Total Home Owners
    2,816
  • Estimated Total Renters
    1,232
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    10,858
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 208 E Main Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/6/2026Source: NWMLS Price Reduction
$1,600,000 -5.9%
2/26/2026Source: NWMLS Added to Database
February 26, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021