Hotel-Motel
Kennewick Inn & Suites Tri Cities
321 N Johnson St, Kennewick, WA 99336
Listing Price: $5,900,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Kennewick Inn & Suites Tri Cities, a newly renovated three-story limited service hotel located in Kennewick, Washington. The hotel's 47 guest rooms, each 500 square feet, include a flat-screen TV, work desk, refrigerator, microwave, and coffee maker. All suites include a fully equipped kitchenette and dining area. Hotel amenities include complimentary breakfast, guest laundry facilities, and vending machines.
The Kennewick Inn & Suites Tri Cities represents the opportunity to acquire a three-story 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 Tri-Cities Region.
The property features a manager's office complete with a full kitchenette and bathroom, ideal for an on-site owner or converted to a guest room. Additionally, the property is approved for conversion to a Days Inn and offers potential for other franchise conversions.
Kennewick Inn & Suites Tri Cities
Investment Highlights
- All Guest Rooms Offer Over 500 Square Feet of Space, and All Suites Include Fully Equipped Kitchenettes
- Recent CapEx Completed, No PIP Required
- The Property Was Approved for a Days Inn Conversion and Has Potential for Conversion to Other Franchises
- The Manager's Office, Located on the Property, Includes a Full Kitchenette and Bathroom, Making It Ideal for an On-Site Owner or Converted to a Guest Room
- Ideally Located off of U.S. Route 395
- Short Drive to Tri-Cities Airport (TRI)
- 8 Miles to Kadlec Regional Medical Center, The Largest Employer in the Tri-Cities Area
- 12 Miles to Pacific Northwest National Laboratory
Exclusively Listed By
Broker of Record
Listing Price: $5,900,000
Investment Highlights
- All Guest Rooms Offer Over 500 Square Feet of Space, and All Suites Include Fully Equipped Kitchenettes
- Recent CapEx Completed, No PIP Required
- The Property Was Approved for a Days Inn Conversion and Has Potential for Conversion to Other Franchises
- The Manager's Office, Located on the Property, Includes a Full Kitchenette and Bathroom, Making It Ideal for an On-Site Owner or Converted to a Guest Room
- Ideally Located off of U.S. Route 395
- Short Drive to Tri-Cities Airport (TRI)
- 8 Miles to Kadlec Regional Medical Center, The Largest Employer in the Tri-Cities Area
- 12 Miles to Pacific Northwest National Laboratory
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Kennewick Inn & Suites Tri Cities, a newly renovated three-story limited service hotel located in Kennewick, Washington. The hotel's 47 guest rooms, each 500 square feet, include a flat-screen TV, work desk, refrigerator, microwave, and coffee maker. All suites include a fully equipped kitchenette and dining area. Hotel amenities include complimentary breakfast, guest laundry facilities, and vending machines. The Kennewick Inn & Suites Tri Cities represents the opportunity to acquire a three-story 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 Tri-Cities Region. The property features a manager's office complete with a full kitchenette and bathroom, ideal for an on-site owner or converted to a guest room. Additionally, the property is approved for conversion to a Days Inn and offers potential for other franchise conversions.
Exclusively Listed By
Broker of Record
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