Excellently Located Franchised Motel
This recently updated budget lodging is centrally located in the popular downtown of McMinnville, Oregon. Nestled in the Willamette valley, an area world famous for its vineyards, wines and restaurants. This region plays hosts to 1.5 Million visitors annually. With an abundance of year round attractions, the Motel 6 McMinnville is well suited to accommodate a high volume of guests year around.
Location is at the junction of 99w and 18 on the main route to the coast from Portland Metro.
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Special Property Features Include:
- Close to 200+ Wineries
- Renovated Guestrooms
- Many Recent Capital Improvements
- Strong National Franchise
- Excellent proximity to city center
Cap Rate: 8.23%
ROI/Cash Flow: 12.40%
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