CIP Hotel for Sale – In Contract
$23,000,000 | Upscale | Select-Service | 104 Keys
All-Suite Extended Stay Hotel In Major Metro Area
Residence Inn Boise Downtown/University is a 104-key, exterior corridor, extended stay hotel minutes from Boise State University and downtown Boise, Idaho. Ranked by TripAdvisor as one of the top hotels in Boise, Residence Inn Boise Downtown/University provides large spacious suites with full kitchens – some with multiple bedrooms and a daily free hot breakfast buffet. Hotel amenities include a spacious lobby and dining area, business center, convenience store, guest laundry, and on-site health club with both cardio and weight training. The all-suite extended stay hotel also offers outdoor gathering areas, a heated outdoor seasonal pool, a firepit area, and a basketball court. This Marriott brand franchised hotel is near Boise State University (BSU), Micron, Hewlett Packard, St. Lukes Regional Medical Center, and other government offices. This hotel is ideally situated one block from the Boise State University Campus, close to restaurants and shops. Residence Inn Boise Downtown/University is just 3.5 miles from Boise Airport with a complimentary airport shuttle.
Residence Inn Boise Downtown/University Location
Boise, Idaho, nestled among the gorgeous landscapes of the American Northwest, entices visitors with its unique blend of outdoor adventures and urban charm. This dynamic city has diverse activities for all types of travelers. Discover the tranquillity of the Boise River Greenbelt, a meandering sanctuary that winds through the city’s center and is ideal for bicycling, running, or strolling. The Basque Block, a tribute to Boise’s unique heritage, is open to history buffs. The Boise Art Museum and the Old Idaho Penitentiary offer unique insights for those seeking cultural enrichment. Hiking, skiing, and whitewater rafting are available in the surrounding Boise National Forest for thrill seekers. Boise is a hidden gem for travelers looking for an unforgettable experience in Idaho, with its kind community, interesting attractions, and breathtaking surroundings. Boise is also home to Boise State University, a dynamic institution known for its innovative programs, sports, and vibrant campus life, adding a youthful and academic energy to the city’s thriving atmosphere.
- 1 Block To Boise State University
- Major Metro Area Franchise
- All-Suite Extended Stay Hotel
- 3.5 Miles To Boise Airport
- Close To Downtown Shops
- Restaurant Adjacent Location
Location: Major Metro, College Town
Type: Franchise, Select-Service, Extended Stay
Cap Rate: 8.59%
ROI/Cash Flow: 7.34%
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. Offered in cooperation with Hunter Hotel Advisors.
Photos of Residence Inn Boise Downtown/University
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Residence Inn Boise Downtown/University Map
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