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Hotel-Motel

Travelodge Pocatello

133 W Burnside Ave, Pocatello, ID 83202

Listing Price: $5,000,000

Cap Rate
8.30%
Number of Rooms
116
RevPAR
$28
Gross SF
140,000
Price/Room
$43,103
Price/Gross SF
$35.71
Year Built
1979

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.

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

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Hotel-Motel

Travelodge Pocatello

Listing Price: $5,000,000

Cap Rate
8.30%
Number of Rooms
116
RevPAR
$28
Gross SF
140,000
Price/Room
$43,103
Price/Gross SF
$35.71
Year Built
1979

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

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

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