IN CONTRACT – This property is currently in contract, the seller will consider offers in backup position only.
Unbeatable Location in the Heart of Wine Country Destination Walla Walla
The Quality Inn & Suites in Walla Walla, Washington is a 61 key select service franchised midscale hotel with interior corridors. This property has been beautifully updated and currently meets brand standards with no outstanding Seller PIP (Property Improvement Plan). The property features a large front desk and lobby, spacious breakfast area, business center, guest laundry, fitness center, and highly sought after indoor heated pool and hot tub. Outdoor patio lounge area is located directly off of the pool area. Guest room mix includes a selection of Queen Single, Queen Double, Queen Double Accessible (ADA), King Single, King Single with Jetted Tub, King Family Suite with Kitchen, and King Apartment Suite with Sofa Bed and Jetted Tub. Conveniently located in the heart of Walla Walla Valley wine country, this property is highly visible with easy access to U.S. Route 12 and excellent proximity to the historic downtown, colleges, universities, galleries, restaurants, and airport. Guest amenities include in-room mini-refrigerator, microwave, television, high-speed internet (WiFi), and air conditioning, in this 100% smoke-free hotel. Potential to expand subject to Buyer’s independent investigations.
Walla Walla is the capital of Washington wine country and home to more than 120 wineries. Located in the southeastern part of Washington state, Walla Walla is fast becoming nationally recognized for its culinary scene, arts & entertainment scene, galleries, boutique shopping, colleges, and historic downtown. An easy and scenic four-hour drive from Seattle, Portland, or Boise, Walla Walla offers opportunities to hike, bike, camp, fish, raft, kayak, & ski. With daily non-stop flights from Seattle via Alaska Airlines, Walla Walla is an attractive weekend getaway spot for major metro areas.
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!
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.
Special Property Features Include:
- No Outstanding PIP & Room to Expand
- Highway Visibility & Access
- Centrally Located Near Historic Downtown
- 120 Regional Wineries, Galleries, & Dining
- Indoor Heated Pool & Hot Tub
- Proximity to Airport, Colleges, & Events
Location: Washington, Highway, Metro
City: Walla Walla
Type: Franchised, Select Service
Cap Rate: 5.84%
ROI/Cash Flow: 3.97%
Source: Visit Walla Walla
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