This property is SOLD, however we have others in a full range of prices, sizes and locations. Please contact CIP to discuss other options.
Select Service Hotel in the Heart of Downtown Yakima
The property offers 50 well-maintained rooms at an affordable prices. The rooms are pet friendly and include internet (both wired and wireless), as well as many other amenities including complimentary breakfast, eco-friendly cleaning products, and truck/RV/bus parking. The property currently has a cap rate of 9.4% and a cash ROI of 18.16%.
The property’s financials are trending upward. The property sees business from groups as varied as sports teams, business conventions due to its proximity to a nearby conference center, and vacationing families.
Special Property Features Include:
- National Franchise
- Built in 1998
- ~1 acre fee simple owned
Type: Select Service, Franchised
Cap Rate: 9.4%
ROI/Cash Flow: 18.16%
City Center, Franchised, Highway Access, Near Convention Center
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