Hotel-Motel
Travelodge Pocatello
133 W Burnside Ave, Pocatello, ID 83202
Listing Price: $5,000,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Travelodge Pocatello located in Pocatello, a town in southeastern Idaho. The property underwent renovations from 2021-2022, with recent improvements totaling approximately $200k. The hotel consists of 116 guest rooms and offers amenities including an outdoor pool & spa, meeting facilities, business center, fitness center, outdoor patio with seating, and guest laundry facilities. The Travelodge Pocatello represents the opportunity to acquire a Wyndham branded hotel in a stable market. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the southeastern Idaho area.
Broker of Record
Listing Price: $5,000,000
Investment Highlights
- Renovations Completed Throughout 2021 & 2022
- 4 Miles to Idaho State University (12k+ Enrollment) & Holt Arena
- 6 Miles to Pocatello Regional Airport
- Conveniently Located Off of Interstates 15 & 86
- Transient Demand to-and-from Yellowstone National Park
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Travelodge Pocatello located in Pocatello, a town in southeastern Idaho. The property underwent renovations from 2021-2022, with recent improvements totaling approximately $200k. The hotel consists of 116 guest rooms and offers amenities including an outdoor pool & spa, meeting facilities, business center, fitness center, outdoor patio with seating, and guest laundry facilities. The Travelodge Pocatello represents the opportunity to acquire a Wyndham branded hotel in a stable market. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the southeastern Idaho area.
Broker of Record
