RARE BANKS LAKE INVESTMENT PORTFOLIO! The Sky Deck Motel and nearby apartment property present an exceptional opportunity to acquire two established, high income producing properties in one of Eastern Washington’s most desirable recreation destinations. Purchase the entire portfolio or explore the opportunity to acquire either property individually. Situated directly on Banks Lake, the Sky Deck Motel features 21 guest rooms, lake access and an outdoor swimming pool that set it apart in the local hospitality market. Its waterfront setting, established operation and potential for continued growth create a truly unique investment opportunity. Located nearby on a separate parcel, the fully occupied apartment property provides dependable residential rental income and includes a desirable mix of one and two bedroom units. Together, the properties offer diversified revenue from both short term hospitality and long term residential rentals. Purchase one for a strong standalone investment or acquire both to create a rare, diversified portfolio with outstanding income and future potential.
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Listing Snapshot
Price
$10,000,000
Days On Site
46 Days
Bedrooms
N/A
Inside Area (SqFt)
0 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.38 Acres
Year Built
1954
MLS® Number
2561381
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
1.38
Additional Property Use
Commercial
Building Features
Disabled AccessSignage Included
Sewer
Septic Tank
Utilities
Sewer Connected
Water Source
Public
Zoning
Business,Commercial
Interior Features
Cooling
Ductless
Flooring
Ceramic TileHardwoodLaminateCarpet
Heating
ElectricBaseboardFireplace InsertForced Air
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Exterior Features
Lot Features
Waterfront
Waterfront
Yes
Waterfront Features
Waterfront
Community Features
Accessibility Features
Accessible Entrance
MLS Area
290 - North Grant County
Financing Terms Available
CashConventionalOwner Will Carry
Courtesy of NWMLS
Listing courtesy of Hollie Tipps of eXp Realty
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-14 02:22 PM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.