I-5 Corridor Franchised Hotel | 122 SW Interstate Ave
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I-5 Corridor Franchised Hotel 122 SW Interstate Ave
69 Room Hotel Chehalis, WA 98532 $9,919,440 CAD ($143,760 CAD/Room)
Investment Highlights
- Recent Renovations Completed in 2024, No PIP Required
- The Property Has a One-Bedroom Suite for an Onsite Manager and a Two-Bedroom Apartment for the Owner
- Nearby Attractions Include the Lewis County Historical Museum, McFadden Park, Chehalis-Centralia Railroad & Museum, and More
- Ideally Located off Interstate 5, with Excellent Visibility
- 2 Miles from Chehalis-Centralia Airport
- Chehalis Benefits from the Chehalis Generation Facility and Industrial Activities in the Chehalis Industrial Park, Which Drive Economic Growth and Uti
Executive Summary
Joel Deis // Broker of Record // License WA 25469
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the I-5 Corridor Franchised Hotel - Rebrand Opportunity, a newly renovated two-story limited service hotel located in Chehalis, Washington. The hotel's 70 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker.
The I-5 Corridor Franchised Hotel - Rebrand Opportunity South represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound.
The property includes a one-bedroom apartment designated for the onsite manager and a two-bedroom apartment for the owner. By returning the two bedrooms and the living room with kitchen to the inventory, three additional rooms can be made available, increasing the total to 73 rentable rooms.
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the I-5 Corridor Franchised Hotel - Rebrand Opportunity, a newly renovated two-story limited service hotel located in Chehalis, Washington. The hotel's 70 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker.
The I-5 Corridor Franchised Hotel - Rebrand Opportunity South represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound.
The property includes a one-bedroom apartment designated for the onsite manager and a two-bedroom apartment for the owner. By returning the two bedrooms and the living room with kitchen to the inventory, three additional rooms can be made available, increasing the total to 73 rentable rooms.
Property Facts
| Price | $9,919,440 CAD | Building Size | 10,344 SF |
| Price Per Room | $143,760 CAD | No. Rooms | 69 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2024 |
| Property Subtype | Hotel | Parking Ratio | 5.41/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.30 AC | Opportunity Zone |
Yes
|
| Price | $9,919,440 CAD |
| Price Per Room | $143,760 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 10,344 SF |
| No. Rooms | 69 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2024 |
| Parking Ratio | 5.41/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 69 | $132.26 CAD | - |
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PROPERTY TAXES
| Parcel Number | 005871-071-017 | Improvements Assessment | $3,887,321 CAD |
| Land Assessment | $1,138,818 CAD | Total Assessment | $5,026,139 CAD |
PROPERTY TAXES
Parcel Number
005871-071-017
Land Assessment
$1,138,818 CAD
Improvements Assessment
$3,887,321 CAD
Total Assessment
$5,026,139 CAD
zoning
| Zoning Code | CF (Commercial Forest) |
| CF (Commercial Forest) |
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I-5 Corridor Franchised Hotel | 122 SW Interstate Ave
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