CIP EXCLUSIVE – IN CONTRACT – Seller will consider offers in backup position only.
$6,500,000 | Midscale | Select-Service | 65 Keys
Franchise Hotel In Popular Columbia River Resort Town
The La Quinta Inn & Suites Wenatchee is a 65-key, midscale, interior corridor, select-service, franchised hotel. The hotel features a spacious lobby, business center, fitness center, indoor pool, hot tub, and guest laundry. The property has been recently updated with a new roof and exterior paint. Multiple nearby high-tech and infrastructure projects mean increased economic activity and visitors to the Wenatchee area.
Guest room mix includes a selection of Queen and King rooms, King Kitchenette rooms, and King ADA Accessible rooms. Amenities include a mini-fridge, microwave, coffee maker, desk, ironing amenities, flat-screen HDTV, and wireless internet (WiFi).
This property has strong demand drivers and is an ideally situated city center Highway 285 location. The hotel is adjacent to restaurants, and near to the popular Columbia River. The hotel offers easy access to Central Washington Hospital & Clinics, the Washington State Apple Blossom Festival, Leavenworth, and Wenatchee Valley College.
Please note: La Quinta Inn & Suites Franchise is not available for a new Buyer in this market. The property will need to be run independently or transition to another franchise affiliation.
La Quinta Inn & Suites Wenatchee Location
The Wenatchee Valley is a balance of big-city amenities with the relaxed environment of a smaller town. The area offers unique shopping and dining experiences, galleries, wineries, and local events. Wenatchee is home to one of Washington’s oldest major festivals, the Apple Blossom Festival, held each Spring. Outdoor enthusiasts enjoy Wenatchee National Forest for hiking, biking, and river rafting. Seattle Metro is a 2.5-hour drive, making this an ideal weekend getaway destination.
- 8.23% Cap Rate, 7.05% ROI & 3.73 GRM
- Close To Tech & Infrastructure Projects
- Strong Historical Financials
- Recently Updated Roof & Exterior Paint
- Proximity to Wenatchee Convention Center
- Popular Resort Town Destination
- Main City Center Highway Location
- View Property Video – Coming Soon
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 the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Broker Co-op Agreement
Please Note: Buyer’s Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
Photos of La Quinta Inn & Suites Wenatchee
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La Quinta Inn & Suites Wenatchee Map
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