Quincy Inn & Suites | 500 F St SW
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Quincy Inn & Suites 500 F St SW
30 Room Hotel Quincy, WA 98848 $3,250,000 ($108,333/Room) 10.52% Cap Rate
Executive Summary
Quincy Inn is situated on prime location in Quincy Washington. Thirty Room hotel with manager's apartment is perfect hotel for a first time Buyer or a retiree for study income. Current owner has renovated this hotel interior and exterior as well as new roof. Building is in very good shape. With renovation completed and improved customer service revenue has grown up dramatically and going up every year. 2024 finished with $711,000.00 and it is going up every year.
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 | 10.52% | No. Stories | 2 |
| Sale Conditions | 1031 Exchange | 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 | 10.52% |
| Sale Conditions | 1031 Exchange |
| 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 |
Amenities
- Business Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 3 | $80.00 | - |
| Guest Room | 27 | $67.00 | - |
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PROPERTY TAXES
| Parcel Number | 311665000 | Improvements Assessment | $1,222,519 |
| Land Assessment | $191,660 | Total Assessment | $1,414,179 |
PROPERTY TAXES
Parcel Number
311665000
Land Assessment
$191,660
Improvements Assessment
$1,222,519
Total Assessment
$1,414,179
zoning
| Zoning Code | CB (City Business) |
| CB (City Business) |
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Quincy Inn & Suites | 500 F St SW
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