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Hotel-Motel

Quality Inn and Rodeway Inn & Suites

139 Goodfellow St, Ontario, OR 97914

Listing Price: $5,500,000

Number of Rooms
83
RevPAR
$52
Gross SF
32,338
Price/Room
$66,265
RRM
3.50
Price/Gross SF
$170.08
Year Built
1973

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

  • Motivated Seller - Reviewing ALL Offers
  • 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

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s) OR: 201224889

    Oregon

Financing By

Hotel-Motel

Quality Inn and Rodeway Inn & Suites

Listing Price: $5,500,000

Number of Rooms
83
RevPAR
$52
Gross SF
32,338
Price/Room
$66,265
RRM
3.50
Price/Gross SF
$170.08
Year Built
1973

Investment Highlights

  • Motivated Seller - Reviewing ALL Offers
  • 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.

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s): OR: 201224889

    Oregon

Financing By

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