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Quincy Inn & Suites 500 F St SW

30 Room Hotel Quincy, WA 98848 $3,250,000 ($108,333/Room) 9.23% Cap Rate

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Executive Summary

The hotel is a five minute walk from the historic center of Quincy, just north of I-90, close to George Amphitheater. This friendly and diverse community is located between Wenatchee, WA and Moses Lake, WA is a great place to visit, seeing as we have an abundance of attractions and activities to keep you entertained. We are located near many fine wineries, George Amphitheater, and several places for you to enjoy water activities. This is also home to Microsoft Data Centre
The Motel is fully renovated in 2022-23 , new roof , new flooring, remodel all rooms, bathrooms, front office including Managers apartment. Great candidate to be converted into apartment as rooms are 300+ sq.ft. Exterior and interior have be painted. All exterior and interior light fixtures have been replaced.

ProfitandLoss (50)

ProfitandLoss (49)

ProfitandLoss (48)

ProfitandLoss with add Back for Quincy (1)

Property Facts

Price	$3,250,000	Lot Size	0.87 AC
Price Per Room	$108,333	Building Size	15,000 SF
Sale Type	Investment	No. Rooms	30
Cap Rate	9.23%	No. Stories	2
Sale Conditions	1031 Exchange Business Value Included	Year Built	1991
Property Type	Hospitality	Parking Ratio	1.4/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C

Price	$3,250,000
Price Per Room	$108,333
Sale Type	Investment
Cap Rate	9.23%
Sale Conditions	1031 Exchange Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.87 AC
Building Size	15,000 SF
No. Rooms	30
No. Stories	2
Year Built	1991
Parking Ratio	1.4/1,000 SF
Corridor	Exterior