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Quality Inn

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04
Mar 2023

Quality Inn


MotelLimited Service1401 N Miller St, Wenatchee, WA 98801
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  • Limited Service
  • Motel
  • Quality Inn

    1401 N Miller St, Wenatchee, WA 98801
    • Property post_title Quality Inn
    • Property es_category Motel
    • Property area 39120 sq ft
    $8,500,000.00

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    Basics

    • Date added: Added 3 weeks ago
    • Category: Motel
    • Type: Limited Service
    • Status: For Sale
    • Guestrooms: 102
    • Bedrooms: 102
    • Total rooms: 102
    • Meeting space sq ft: 1000
    • Floors: 3
    • Area, sq ft: 39120 sq ft
    • Lot size, sq ft: 78408 sq ft
    • Year built: 1984
    • Year remodeled: 2000
    • Price per sq ft: $217.28
    • Price Per Key: $83,333.00
    • Cap rate: 6.18%
    • NOI: $525,050
    • Occupancy: 39.8%
    • Broker: Hotel Brokers of America
    • Agent: Subhash Naik
    • Agent Phone: 661-808-4998
    • Agent Email: Deals@hbofamerica.com
    • Website:: https://hotelbrokersinc.com

    Description

    • Description:

      This 102-room interior corridor Quality Inn located in Wenatchee, WA. This hotel is located along Route 285 near the Columbia River, Washington University, and the Wenatchee Convention Center (less than 2 miles away). It is known as the Apple Capital of the World and is a convenient stop on the Cascade Loop Scenic Highway. This Wenatchee Quality Inn is within walking distance to the Wenatchee River, Apple Capital Loop Trail, and Walla Walla Recreation Park. This property presents management upside; there is a major opportunity to achieve stabilized income while adding value. The hotel was recently converted from a Super 8 to Quality Inn in September 2022. The property is still ramping up and will benefit greatly from a new owner operator.

    Rooms

    • Additional room types: Breakfast area, lounge

    Location

    Building Details

    • Cooling features: PTAC
    • Heating features: PTAC
    • Floor covering: Concrete, Hard wood, Laminate, Linoleum/vinyl, Slate, Softwood, Tile
    • Basement: Partially finished
    • Exterior material: Brick, Stone, Wood
    • Roof: Asphalt, Built-up, Cement/concrete, Composition, Metal, Porte Co·chère, Shake/Shingle, Shingle, Stone, Stucco, Tile, Vinyl, Wood, Wood products
    • Parking: Off-street

    Amenities & Features

    • Amenities:
      Cable TVDryerElevatorFitness CenterGarbage DisposalIronJacuzziLaundry FacilitiesMicrowaveOvenRefrigeratorRestaurantTrash CompactorTVWifi
    • Features:
      24-Hour Front DeskAir ConditioningCarbon Monoxide DetectorElevatorFire AlarmFireplaceFree BreakfastGardenHeatingHot TubParkingSmoke DetectorSwimming PoolTrash RemovalTruck ParkingWifi
    Show all amenities & features
    This Limited Service style property is located in is currently Motel and has been listed on Hotel Project Leads. This property is listed at $8,500,000.00. It has 102 beds bedrooms, bathrooms, and is 39120 sq ft. The property was built in 1984 year.

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