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Hotel-Motel

OYO Hotel Chehalis I-5 South

122 SW Interstate Ave, Chehalis, WA 98532

Listing Price: $6,900,000

Number of Rooms
69
RevPAR
$45
Gross SF
10,344
Price/Room
$100,000
Price/Gross SF
$667.05
Year Built
1970

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the OYO Hotel Chehalis I-5 South, a newly renovated two-story limited service hotel located in Chehalis, Washington. The hotel's 70 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a business center, complimentary breakfast and guest laundry facilities.

The OYO Hotel Chehalis I-5 South 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.

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.

Investment Highlights

  • 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 Chehalis-Centralia Airport
  • Nearby Attractions Include the Lewis County Historical Museum, McFadden Park, Chehalis-Centralia Railroad & Museum, and More
  • Chehalis Benefits from the Chehalis Generation Facility and Industrial Activities in the Chehalis Industrial Park, Which 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

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Hotel-Motel

OYO Hotel Chehalis I-5 South

Listing Price: $6,900,000

Number of Rooms
69
RevPAR
$45
Gross SF
10,344
Price/Room
$100,000
Price/Gross SF
$667.05
Year Built
1970

Investment Highlights

  • 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 Chehalis-Centralia Airport
  • Nearby Attractions Include the Lewis County Historical Museum, McFadden Park, Chehalis-Centralia Railroad & Museum, and More
  • Chehalis Benefits from the Chehalis Generation Facility and Industrial Activities in the Chehalis Industrial Park, Which 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 OYO Hotel Chehalis I-5 South, a newly renovated two-story limited service hotel located in Chehalis, Washington. The hotel's 70 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a business center, complimentary breakfast and guest laundry facilities. The OYO Hotel Chehalis I-5 South 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. 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

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

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