$10,000,000
Est. $54,195/mo118 Miller Street, Electric City, WA 99123
• Listed Jul 29, 2026•60 days active · 60 cumulative
Listing Broker: eXp Realty; Hollie Tipps; 888-317-5197; hollietippsrealtor@gmail.com
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Listing Broker: eXp Realty; Hollie Tipps; 888-317-5197; hollietippsrealtor@gmail.com
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.
Listed by Hollie Tipps • eXp Realty
Listing updated: September 22, 2026 at 06:36pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2561381
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
118 Miller Street, Electric City, WA 99123
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Hotel/Motel
Flooring
- Ceramic Tile
- Hardwood
- Laminate
- Carpet
Heating & cooling
- Baseboard heating
- Fireplace Insert heating
- Forced Air heating
- Ductless cooling
- Insert cooling
Schools
Ratings via SchoolDigger- Lake Roosevelt ElementaryPublic · Grades PK-6 · 3.9 mi · State rank 1,017 of 1,1382/10
- Lake Roosevelt Alternative SchoolPublic · Grades 9-12 · 1.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 22,944 sq ft
- Year built
- 1954
- Environmental survey
- No
Parking & site
- Acres
- 1.38 acres
- Lot square feet
- 60,112 sq ft
- Zoning jurisdiction
- City
Taxes & terms
- Financing
- Cash, Conventional, Owner Will Carry
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Mortgage payment forecast
$64,195 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: eXp Realty; Hollie Tipps; 888-317-5197; hollietippsrealtor@gmail.com
Market pulse
Electric City is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 125 days.
Recent sales nearby
Within 1 mile · last 6 months$232,500 Sold
3 weeks ago
3 bd•1.75 ba•~1,080 sq ft•Single Family
103 Electric Boulevard, Electric City, WA 99123
0%
Over list
36
Days on market
0.1 mi
Distance
$380,000 Sold
4 weeks ago
4 bd•2.75 ba•~2,728 sq ft•Single Family
32 Electric Boulevard, Electric City, WA 99123
0%
Over list
34
Days on market
0.1 mi
Distance
$216,000 Sold
5 weeks ago
3 bd•1 ba•~1,032 sq ft•Single Family
213 W Kelso Avenue, Electric City, WA 99123
4%
Under list
89
Days on market
0.5 mi
Distance
$330,000 Sold
6 weeks ago
3 bd•2 ba•~1,959 sq ft•Single Family
219 Washington Place, Electric City, WA 99123
1%
Under list
109
Days on market
0.2 mi
Distance
$55,000 Sold
7 weeks ago
•Single Family
63 Diamond Street, Electric City, WA 99123
8%
Under list
26
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 11:35 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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HO
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