Rockhood
$10,000,000List price
Active

118 Miller Street · Electric City, WA 99123

Source: NWMLS · eXp Realty · Hollie Tipps #NWM2561381

About this home

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.

Location

Basics

Property type
Commercial Industrial
Style
Hotel/Motel
Year built
1954
Lot size
60,112 sq ft (1.38 acres)
County
Grant
MLS #
NWM2561381

Interior

Heating
Baseboard, Fireplace Insert, Forced Air
Cooling
Ductless, Insert
Flooring
Ceramic Tile, Hardwood, Laminate, Carpet

Exterior & lot

Waterfront
Yes

Utilities

Water
Public
Sewer
Septic Tank, Sewer Connected
Power
Electric

Community & fees

Subdivision
Electric City

Transaction

Listed on
Jul 29, 2026
Days on market
53
Listing terms
Cash, Conventional, Owner Will Carry
Possession
Closing

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Listing provided courtesy of: eXp Realty

Listing agent: Hollie Tipps.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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. IDX information provided exclusively for consumers' 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.

Data last updated 2026-08-10.