Hotel-Motel
Quality Inn and Rodeway Inn & Suites
139 Goodfellow St, Ontario, OR 97914
Listing Price: $5,950,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn and Rodeway Inn & Suites, a dual-brand hotel consisting of two buildings on a large 2.97-acre parcel. Amenities offered at the property include a heated indoor pool, business center, fitness center, complimentary breakfast buffet with large dining area, complimentary coffee in lobby and more. The current ownership employs a very loyal staff at this property, with most of the staff working there for 2+ years. The hotel also consistently receives strong guest scores.
The hotel is ideally located off Interstate 84 in Ontario, Oregon, a city located along the Oregon-Idaho border, halfway between Salt Lake City and Portland. Ontario is centrally located amongst Malheur National Forest, Wallowa-Whitman National Forest, Salmon-Challis National Forest and Boise National Forest. Additionally, the city is only 1 hour from Boise.
The Quality Inn and Rodeway Inn & Suites represents the opportunity to acquire a dual-branded hotel in a stable market. Our Pro Forma analysis assumes the subject property will regain full market share supported by the increasing population and demand growth in eastern Oregon.
Investment Highlights
- Dual-Brand Hotel on a Large 2.97-Acre Parcel
- Offered Below Replacement Cost
- Strong Guest Scores & a Loyal Staff
- Ideally Located off Interstate 84, Along the Oregon-Idaho Border
- Ontario, Oregon is Located Halfway Between Salt Lake City and Portland
- Nearby Attractions Include Ontario Train Depot, Four Rivers Cultural Center & Museum, Malheur County Fairgrounds and Ontario State Recreation Site
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $5,950,000
Investment Highlights
- Dual-Brand Hotel on a Large 2.97-Acre Parcel
- Offered Below Replacement Cost
- Strong Guest Scores & a Loyal Staff
- Ideally Located off Interstate 84, Along the Oregon-Idaho Border
- Ontario, Oregon is Located Halfway Between Salt Lake City and Portland
- Nearby Attractions Include Ontario Train Depot, Four Rivers Cultural Center & Museum, Malheur County Fairgrounds and Ontario State Recreation Site
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn and Rodeway Inn & Suites, a dual-brand hotel consisting of two buildings on a large 2.97-acre parcel. Amenities offered at the property include a heated indoor pool, business center, fitness center, complimentary breakfast buffet with large dining area, complimentary coffee in lobby and more. The current ownership employs a very loyal staff at this property, with most of the staff working there for 2+ years. The hotel also consistently receives strong guest scores. The hotel is ideally located off Interstate 84 in Ontario, Oregon, a city located along the Oregon-Idaho border, halfway between Salt Lake City and Portland. Ontario is centrally located amongst Malheur National Forest, Wallowa-Whitman National Forest, Salmon-Challis National Forest and Boise National Forest. Additionally, the city is only 1 hour from Boise. The Quality Inn and Rodeway Inn & Suites represents the opportunity to acquire a dual-branded hotel in a stable market. Our Pro Forma analysis assumes the subject property will regain full market share supported by the increasing population and demand growth in eastern Oregon.