Hotel-Motel
Quality Inn Florence
2475 US-101, Florence, OR 97439
Listing Price: $4,320,000
Investment Overview
Marcus & Millichap is pleased to present the Quality Inn Florence, a 52 room hotel located at 2475 Highway 101 in Florence, Oregon. Built in 1993, the two story, interior corridor property comprises 22,142 square feet and offers 50 guest rooms and two suites, along with complimentary hot breakfast, an indoor whirlpool, a fitness center, a business center, guest laundry, and free on site parking.
The hotel operates under a Quality Inn franchise agreement with Choice Hotels and benefits from direct highway frontage on US 101, the primary north south route serving the Oregon Coast. Offered at $4,320,000, or approximately $83,000 per key, the property is priced at a 9.0% capitalization rate on normalized in place net operating income of $388,491, providing immediate cash flow without renovation, lease up, or repositioning requirements.
Quality Inn Florence
Investment Highlights
- 52 room Quality Inn with direct US 101 highway frontage in Florence, Oregon, the central Oregon Coast's primary tourism corridor and gateway to the Oregon Dunes National Recreation Area.
- Priced at $4,320,000, or roughly $83,000 per key and below replacement cost, delivering a 9.0% cap rate on normalized in place income with no lease up or stabilization risk.
- Established Quality Inn franchise affiliation with Choice Hotels, providing brand recognition, reservation infrastructure, and loyalty program access.
Exclusively Listed By
Listing Price: $4,320,000
Investment Highlights
- 52 room Quality Inn with direct US 101 highway frontage in Florence, Oregon, the central Oregon Coast's primary tourism corridor and gateway to the Oregon Dunes National Recreation Area.
- Priced at $4,320,000, or roughly $83,000 per key and below replacement cost, delivering a 9.0% cap rate on normalized in place income with no lease up or stabilization risk.
- Established Quality Inn franchise affiliation with Choice Hotels, providing brand recognition, reservation infrastructure, and loyalty program access.
Investment Overview
Marcus & Millichap is pleased to present the Quality Inn Florence, a 52 room hotel located at 2475 Highway 101 in Florence, Oregon. Built in 1993, the two story, interior corridor property comprises 22,142 square feet and offers 50 guest rooms and two suites, along with complimentary hot breakfast, an indoor whirlpool, a fitness center, a business center, guest laundry, and free on site parking. The hotel operates under a Quality Inn franchise agreement with Choice Hotels and benefits from direct highway frontage on US 101, the primary north south route serving the Oregon Coast. Offered at $4,320,000, or approximately $83,000 per key, the property is priced at a 9.0% capitalization rate on normalized in place net operating income of $388,491, providing immediate cash flow without renovation, lease up, or repositioning requirements.
Exclusively Listed By
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