Regency Inn | 1152 Main St
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Regency Inn 1152 Main St
25 Room Hotel Springfield, OR 97477 £2,545,725 (£101,829/Room)
Investment Highlights
- 13,617 SF building with 25 keys and a one-bedroom managers apartment
- Zoned CC for versatile use
- Modern amenities and attractive ambiance
- Built in 1985, renovated in 2023
- Ideal location in Eugene Springfield MSA
- Very well-maintained
Executive Summary
The property is a compelling investment opportunity boasting a 13,617 SF building with 25 keys and a one bedroom managers apartment; this well maintained asset is primed for success. The building was renovated in 2023 and offers modern amenities and a desirable ambiance. Zoned CC, it presents versatile potential for a variety of uses. The property performs well as is but there is significant room for growth, making this an attractive prospect for hospitality and limited-service investor/operators seeking a lucrative venture with ample potential.
Located in the vibrant Eugene-Springfield Metropolitan Statistical Area, the property at 1152 Main St, Springfield, OR, 97477, offers an enticing investment opportunity for hospitality investors. With close proximity to the dynamic downtown area, tenants can enjoy convenient access to a plethora of dining, shopping, and entertainment options. The region is also graced with picturesque outdoor spaces, such as the beautiful Willamette River and the serene Dorris Ranch. Additionally, the area hosts a robust business community with prominent employers and a strong talent pool. With its strategic location, proximity to the University of Oregon campus, and thriving surroundings, this property presents an exceptional investment prospect in the heart of the Eugene-Springfield MSA.
Located in the vibrant Eugene-Springfield Metropolitan Statistical Area, the property at 1152 Main St, Springfield, OR, 97477, offers an enticing investment opportunity for hospitality investors. With close proximity to the dynamic downtown area, tenants can enjoy convenient access to a plethora of dining, shopping, and entertainment options. The region is also graced with picturesque outdoor spaces, such as the beautiful Willamette River and the serene Dorris Ranch. Additionally, the area hosts a robust business community with prominent employers and a strong talent pool. With its strategic location, proximity to the University of Oregon campus, and thriving surroundings, this property presents an exceptional investment prospect in the heart of the Eugene-Springfield MSA.
Property Facts
Price | £2,545,725 | No. Rooms | 25 |
Price Per Room | £101,829 | Number of Floors | 1 |
Sale Type | Investment | Year Built/Renovated | 1985/2023 |
Property Type | Hospitality | Tenancy | Single |
Property Subtype | Hotel | Parking Ratio | 0.73/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 0.58 AC | Opportunity Zone |
Yes
|
Building Size | 13,617 SF |
Price | £2,545,725 |
Price Per Room | £101,829 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.58 AC |
Building Size | 13,617 SF |
No. Rooms | 25 |
Number of Floors | 1 |
Year Built/Renovated | 1985/2023 |
Tenancy | Single |
Parking Ratio | 0.73/1,000 SF |
Corridor | Exterior |
Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 25 | £90.08 | - |
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
Parcel Number | 0316792 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £634,421 |
PROPERTY TAXES
Parcel Number
0316792
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£634,421
zoning
Zoning Code | CC |
CC |
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Regency Inn | 1152 Main St
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