Hotel-Motel
I-5 Corridor Franchised Hotel - Rebrand Opportunity
122 SW Interstate Ave, I-5 Corridor, WA 98532
Listing Price: $6,500,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the I-5 Corridor Franchised Hotel - Rebrand Opportunity, a newly renovated two-story limited service hotel located along the I-5 corridor in Washington. The hotel's 70 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker.
The I-5 Corridor Franchised Hotel - Rebrand Opportunity represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound region.
The property includes a one-bedroom apartment designated for the onsite manager and a two-bedroom apartment for the owner. By returning the two bedrooms and the living room with kitchen to the inventory, three additional rooms can be made available, increasing the total to 73 rentable rooms.
I-5 Corridor Franchised Hotel - Rebrand Opportunity
Investment Highlights
- New Franchise Available - Franchise Term Expiring | Multiple Brands Approved by Wyndham, each Offering Key Money
- Recent Renovations Completed in 2024, No PIP Required
- Ideally Located off Interstate 5, with Excellent Visibility
- The Property Has a One-Bedroom Suite for an Onsite Manager and a Two-Bedroom Apartment for the Owner
- 2 Miles from Airport | Proximity to Several Parks and Museums
- Nearby Generation Facility and Industrial Activities in the City Drive Economic Growth and Utility Demand
- 30-Minute Drive to Olympia, Washington's State Capitol
- 1-Hour Drive from Mount Rainier National Park
Exclusively Listed By
Broker of Record
Financing By
Hotel-Motel
I-5 Corridor Franchised Hotel - Rebrand Opportunity
Listing Price: $6,500,000
Investment Highlights
- New Franchise Available - Franchise Term Expiring | Multiple Brands Approved by Wyndham, each Offering Key Money
- Recent Renovations Completed in 2024, No PIP Required
- Ideally Located off Interstate 5, with Excellent Visibility
- The Property Has a One-Bedroom Suite for an Onsite Manager and a Two-Bedroom Apartment for the Owner
- 2 Miles from Airport | Proximity to Several Parks and Museums
- Nearby Generation Facility and Industrial Activities in the City Drive Economic Growth and Utility Demand
- 30-Minute Drive to Olympia, Washington's State Capitol
- 1-Hour Drive from Mount Rainier National Park
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the I-5 Corridor Franchised Hotel - Rebrand Opportunity, a newly renovated two-story limited service hotel located along the I-5 corridor in Washington. The hotel's 70 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. The I-5 Corridor Franchised Hotel - Rebrand Opportunity represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound region. The property includes a one-bedroom apartment designated for the onsite manager and a two-bedroom apartment for the owner. By returning the two bedrooms and the living room with kitchen to the inventory, three additional rooms can be made available, increasing the total to 73 rentable rooms.
Exclusively Listed By
Broker of Record
Financing By
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