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Auction -Quality Inn | Rodeway Inn Suite

2 Hospitality Properties Offered at $2,107,020 CAD in Ontario, OR

Investment Highlights

  • STARTING BID $1,500,000 | Quality Inn and Rodeway Inn & Suites | 83 Rooms | $1.5M Room Revenue | AUCTION DECEMBER 9-11
  • Modern Amenities including Heated Indoor Pool, Business Center, Fitness Center, Complimentary Breakfast, and More
  • Nearby Demand Generators include Ontario Train Depot, Four Rivers Cultural Center & Museum, Malheur County Fairgrounds, and more
  • 83-Room, Quality Inn and Rodeway Inn & Suites on a Large 2.97-AC Parcel
  • Prime Location Just Off I-84 Along the Oregon-Idaho Border Midway between Salt Lake City and Portland
  • Attractive Demographics with a Growing Population of ±34,210 Individuals and Annual Household Income of ±$68,467 (5-Mile Radius)

Executive Summary

Marcus & Millichap is pleased to offer for sale the Quality Inn and Rodeway Inn & Suites, a 83-room hotel located at 139 Northeast Goodfellow Street in Ontario, Oregon (the “Property”). The Quality Inn and Rodeway Inn & Suites represents the opportunity to acquire a dual-branded hotel in a stable market.

The hotel consists of two buildings constructed in 1973 and renovated in 2016 & 2019 on a large ±2.97-acre parcel. Amenities offered at the property include a heated indoor pool, business center, fitness center, complimentary breakfast buffet with large dining area, complimentary coffee in lobby and more. The current ownership employs a very loyal staff at this property, with most of the staff working there for 2+ years. The hotel also consistently receives strong guest scores. The Property is ideally located off Interstate 84, providing ease of access for commerce and tourism.

Quality Inn and Rodeway Inn are affiliates of Choice Hotels International, Inc., one of the largest and most successful lodging companies in the world. Choice currently franchises more than 7,000 hotels, representing nearly 570,000 rooms in more than 40 countries and territories. Ranging from limited service to full-service hotels in the economy, midscale and upscale segments, Choice-branded properties provide business and leisure travelers with a range of high-quality, high-value lodging options throughout the United States and internationally.

The hotel is ideally located off Interstate 84 in Ontario, Oregon, a city located along the Oregon-Idaho border, halfway between Salt Lake City and Portland. Ontario is centrally located amongst Malheur National Forest, Wallowa-Whitman National Forest, Salmon-Challis National Forest and Boise National Forest. Additionally, the city is only 1 hour from Boise. The Property is a 3-mile drive to Ontario Municipal Airport and near various dining and retail options such as Country Kitchen, Walmart, Home Depot, and numerous QSRs. The area is characterized by compelling demographics, with a 2024 population of ±34,210 people and an average annual household income of ±$68,467 within a 5-mile radius. The region has experienced significant growth, with a population increase of ±7.34% from 2020-2024, and is projected to continue expanding by ±11.33% from 2024-2029 within a 5-mile radius.

Property Facts

Price $2,107,020 CAD
Price / SF $65.16 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 32,338 SF
Total Land Area 5.94 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Quality Inn Ontario
139 NE Goodfellow St, Ontario, OR 97914
Hospitality 16,169 SF 1973 -
Rodeway Inn & Suites Ontario
139 NE Goodfellow St, Ontario, OR 97914
Hospitality 16,169 SF 1973 -
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  • Listing ID: 33437254

  • Date on Market: 2024-10-04

  • Last Updated:

  • Address: Auction -Quality Inn | Rodeway Inn Suite, Ontario, OR

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