Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Rama Inn, a 70-key, interior corridor hotel located in Ephrata, a small town in Central Washington. Built in 2000, the hotel features amenities including an indoor pool and spa, sauna, meeting space, business center, complimentary breakfast, and guest laundry. The property consistently receives excellent scores from the Best Western franchise, with a QA score of 909/1000 (3rd-best in the BW system this year). In the last few years, the owner has completed several recent capital improvements, including roof maintenance, rebuilding of pool/spa area with machinery expansion, new computer system, time card system, internet system, TVs throughout the hotel, and more. There is no PIP due at this time. The Best Western Rama Inn benefits from being the only franchised hotel in the city as well as its location off of State Route 28. There has been a recent surge of construction of data centers in the Grant County region. A short drive from the hotel, these data centers are home to major tech companies including Microsoft, Amazon, and Salcido Enterprises, among others. It is located within 30 miles of attractions including Soap Lake, Lake Lenore Caves State Park, Sun Lakes-Dry Falls State Park, and more. Just 27 miles from the hotel is the Gorge Amphitheater, a 20,000+ seat venue known for scenic views, river gorge views, and summer weather. Gorge Amphitheater welcomed more than 550,000 visitors in 2024. The Best Western Rama Inn represents the opportunity to purchase a franchised hotel in a growing market with both transient and recreational/tourism demand. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Grant County region.