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Hotel-Motel

Quality Inn & Suites Liberty Lake - Spokane Valley

2327 N Madson St, Liberty Lake, WA 99019

Listing Price: $5,600,000

Number of Rooms
70
RevPAR
$52
Gross SF
40,600
Price/Room
$80,000
Price/Gross SF
$137.93
Year Built
2002

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn & Suites Liberty Lake - Spokane Valley, a 70-room hotel located in Liberty Lake, Washington. Hotel amenities include an indoor pool & spa, 1 meeting room, game room, business center, complimentary breakfast, and guest laundry facilities. The hotel's 70 guest rooms offer a flatscreen TV, work desk, refrigerator, microwave and coffee maker. Select suites include a kitchenette, separate living area, sofa bed, and jetted tub.

Liberty Lake, situated in Spokane County, Washington, is a picturesque community known for its serene landscapes and vibrant recreational opportunities. Nestled amidst lush greenery and framed by the stunning backdrop of the Spokane Mountains, the lake itself is a central feature, offering activities such as boating, fishing, and swimming. The surrounding area is dotted with well-maintained parks, golf courses, and extensive trail systems, making it a haven for outdoor enthusiasts. Liberty Lake's community is characterized by a blend of residential comfort and a small-town atmosphere, enhanced by annual events and a thriving local economy. The area’s rich history, coupled with its modern amenities, makes Liberty Lake a desirable location for both visitors and residents seeking a harmonious balance of nature and community spirit.

The Quality Inn & Suites Liberty Lake - Spokane Valley represents the opportunity to acquire a Choice-branded hotel in the desirable Seattle metropolitan area near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Spokane region.

Investment Highlights

  • 2024 TripAdvisor Travelers' Choice Award Recipient
  • 2023 Renovation | $120K+ in Recent Capital Improvements
  • Ideally Located off of Interstate 90, Minutes to the Washington-Idaho Border
  • Near Downtown Spokane and Several Attractions
  • 25 Minute Drive to Spokane International Airport (4M+ Passengers in 2023)
  • 40 Minute Drive to Fairchild Air Force Base
  • 15 Miles to Gonzaga University and Washington State University, Spokane

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Hotel-Motel

Quality Inn & Suites Liberty Lake - Spokane Valley

Listing Price: $5,600,000

Number of Rooms
70
RevPAR
$52
Gross SF
40,600
Price/Room
$80,000
Price/Gross SF
$137.93
Year Built
2002

Investment Highlights

  • 2024 TripAdvisor Travelers' Choice Award Recipient
  • 2023 Renovation | $120K+ in Recent Capital Improvements
  • Ideally Located off of Interstate 90, Minutes to the Washington-Idaho Border
  • Near Downtown Spokane and Several Attractions
  • 25 Minute Drive to Spokane International Airport (4M+ Passengers in 2023)
  • 40 Minute Drive to Fairchild Air Force Base
  • 15 Miles to Gonzaga University and Washington State University, Spokane

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn & Suites Liberty Lake - Spokane Valley, a 70-room hotel located in Liberty Lake, Washington. Hotel amenities include an indoor pool & spa, 1 meeting room, game room, business center, complimentary breakfast, and guest laundry facilities. The hotel's 70 guest rooms offer a flatscreen TV, work desk, refrigerator, microwave and coffee maker. Select suites include a kitchenette, separate living area, sofa bed, and jetted tub. Liberty Lake, situated in Spokane County, Washington, is a picturesque community known for its serene landscapes and vibrant recreational opportunities. Nestled amidst lush greenery and framed by the stunning backdrop of the Spokane Mountains, the lake itself is a central feature, offering activities such as boating, fishing, and swimming. The surrounding area is dotted with well-maintained parks, golf courses, and extensive trail systems, making it a haven for outdoor enthusiasts. Liberty Lake's community is characterized by a blend of residential comfort and a small-town atmosphere, enhanced by annual events and a thriving local economy. The area’s rich history, coupled with its modern amenities, makes Liberty Lake a desirable location for both visitors and residents seeking a harmonious balance of nature and community spirit. The Quality Inn & Suites Liberty Lake - Spokane Valley represents the opportunity to acquire a Choice-branded hotel in the desirable Seattle metropolitan area near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Spokane region.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

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