Hotel-Motel
Best Western Premier Keizer/Salem
5188 Wittenberg Ln NE, Keizer, OR 97303
Listing Price: $14,600,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Best Western Premier Keizer/Salem, a well-appointed, franchised hotel located in Keizer, Oregon, just five miles to Oregon's state capital city of Salem.
The property was converted to a Best Western Premier in 2021 and offers amenities including an onsite restaurant, heated indoor pool & spa, lobby bar, fitness center and guest laundry facilities. Business amenities include a business center and more than 6,600 square feet of event space.
The Best Western Premier Keizer/Salem represents the opportunity to acquire an upscale, franchised hotel in a strong market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Salem/Mid-Willamette Valley region.
Best Western Premier Keizer/Salem
Investment Highlights
- Well-Appointed, Four-Story, Franchised Hotel Situated on a Large 3.65-Acre Lot
- Converted to Best Western Premier in 2021
- Ideally Located Off Interstate 5, Just 5 Miles to Salem (Oregon's Capital), and 1 Hour to Downtown Portland
- Within 5 Miles of Oregon State Hospital, Salem Hospital, Willamette University and Salem Convention Center
- Nearby Attractions Include Keizer Stadium, Oregon State Fair & Exposition Center, Oregon State Capitol, Minto-Brown Island Park and More
Exclusively Listed By
Broker of Record
Listing Price: $14,600,000
Investment Highlights
- Well-Appointed, Four-Story, Franchised Hotel Situated on a Large 3.65-Acre Lot
- Converted to Best Western Premier in 2021
- Ideally Located Off Interstate 5, Just 5 Miles to Salem (Oregon's Capital), and 1 Hour to Downtown Portland
- Within 5 Miles of Oregon State Hospital, Salem Hospital, Willamette University and Salem Convention Center
- Nearby Attractions Include Keizer Stadium, Oregon State Fair & Exposition Center, Oregon State Capitol, Minto-Brown Island Park and More
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Best Western Premier Keizer/Salem, a well-appointed, franchised hotel located in Keizer, Oregon, just five miles to Oregon's state capital city of Salem. The property was converted to a Best Western Premier in 2021 and offers amenities including an onsite restaurant, heated indoor pool & spa, lobby bar, fitness center and guest laundry facilities. Business amenities include a business center and more than 6,600 square feet of event space. The Best Western Premier Keizer/Salem represents the opportunity to acquire an upscale, franchised hotel in a strong market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Salem/Mid-Willamette Valley region.
Exclusively Listed By
Broker of Record
