Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Clarion Pointe Medford, a four-story limited service hotel located in Medford, Oregon. The property is ideally located between Interstate 5 and State Route 99, and just four miles from Rogue Valley International Medford Airport. Nearby attractions include the Craterian Theater, The Children's Museum of Southern Oregon and Medford Railroad Park. The market is also host to several wineries and outdoor activities. The hotel's 63 guest rooms include a flat-screen TV, work desk and closet. Select suites include a separate living area with sofa bed. Hotel amenities include a heated indoor pool & spa, fitness center, business center, complimentary breakfast and Grab n Go Market. The Clarion Pointe Medford represents the opportunity to acquire a Choicebranded hotel in a desirable market near several demand drivers. 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 Southern Oregon region. From mid-2018 through 2019, the current owner strategically converted the property to Clarion Pointe, one of Choice Hotels top targeted brands, and was able to grow occupancy and revenue while reducing the franchise fees from the previous IHG structure. The Medford hotel market has benefited from post-Covid ADR increases. The subject hotel presents an opportunity to stabilize ADRs at the higher levels while offering a healthy return on investment.