Quality Inn & Suites Toppenish

IN CONTRACT – THIS PROPERTY IS CURRENTLY IN CONTRACT, THE SELLER WILL CONSIDER OFFERS IN BACKUP POSITION ONLY.

$1,750,000 | Midscale | Limited Service | 44 Keys

Franchised Midscale Hotel in the Heart of Washington Wine Country

The Quality Inn & Suites hotel is a 44 Key franchised midscale hotel with interior corridors. Excess land is included creating huge upside potential for possible expansion, pool, or dual brand. Ideally situated with Interstate 82 visibility and access in the heart of downtown Toppenish, Washington. Property has had extensive capital improvements and is ideally suited for experienced management.

The guest room mix includes a selection of accessible rooms, suites, kitchenette, and family rooms. Amenities include in-room mini-refrigerator, microwave, television, high-speed internet (WiFi). On-premises facilities include a breakfast area, exercise room, guest laundry, truck/bus/RV parking, and a complete business center for visitor convenience. Restaurants, museums, and shopping are all within walking distance. Proximity to Astria Toppenish Hospital facilities makes this hotel ideal for family and friends of loved ones receiving care.

Ocean Shores Resort Location

The Old West town of Toppenish has several draws, but clearly, the biggest are 78 murals hand-painted by professional artists depicting the town’s history. In the heart of Washington’s wine and apple country, this proud community offers nearby recreation in the Cascade Mountains, stunning views, and over 300 days of sunshine a year. Toppenish offers year-round demand drivers, including Yakama Legends Casino with Vegas-style gaming, Yakima County winery tours, museums, rodeos, outdoor activities, historic forts, and specialty stores.

Special Property Features Include:

8.39% Cap Rate, 13.21% ROI & 3.18 GRM
Highway Frontage & Excellent Visibility
Interior Corridor & Downtown Location
Significant Upside For Experienced Management
Strong Central Washington Market
Near Casino, Wineries & Restaurants
Pacific Northwest Agricultural Hub
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Property Details

Price: $1,750,000
Keys: 44
Location: Rural
City: Toppenish
State: WA
ZIP: 98948

Status: FOR SALE
Type: Franchised, Select Service
Cap Rate: 8.39%
GRRM: 3.18
ROI/Cash Flow: 13.21%
Financing: New

Additional Features:
City Center, Truck Parking, Interior Corridor, Near Casino

Disclaimer

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

Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer registration. Please call with questions regarding this requirement.