Royal Motor Inn | 1510 Adams Ave
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Royal Motor Inn 1510 Adams Ave
43 Room Hotel La Grande, OR 97850 £2,193,240 (£51,006/Room) 8.71% Net Initial Yield
Investment Highlights
- Affordable and Convenient Lodging
- Complimentary Amenities
- Comfortable and Well-Equipped Rooms
Executive Summary
Presenting the Royal Motor Inn, a 43-room economy motel strategically located
in downtown La Grande, Oregon. This 15,000-square-foot property, built in 1963,
offers an exceptional investment opportunity in the heart of a vibrant and growing
community.
Well-maintained and centrally positioned, this motel delivers strong potential for
steady cash flow or future redevelopment. La Grande attracts a diverse mix of
travelers, including outdoor enthusiasts exploring the nearby Blue Mountains,
visitors to Eastern Oregon University, and those drawn by the area’s rich history
and vibrant local events. This makes the Royal Motor Inn a well-placed asset to
cater to consistent demand from a variety of guest segments.
Located in the heart of historic La Grande, Oregon, the area surrounding the property offers the
perfect blend of small-town charm and modern amenities. Investors in office buildings will appreciate
the proximity to key attractions such as the Eastern Oregon University and the charming downtown
district with its unique shops, restaurants, and cafes. The area also boasts easy access to outdoor
recreation opportunities, including hiking, biking, and skiing at nearby Anthony Lakes Mountain Resort.
With a strong sense of community and a thriving local economy, the location presents an excellent
opportunity for office building investors seeking a vibrant and dynamic environment.
Explore Nearby Attractions
Located in the heart of downtown La Grande, this property is surrounded by historic 19th- and 20thcentury
architecture and is within walking distance of Liberty Theatre and Eastern Oregon University,
offering enriching cultural experiences.
Access to Outdoor Adventures
Close to the Blue Mountains, Eagle Cap Wilderness, and Anthony Lakes Mountain Resort, the area
provides year-round recreation opportunities, while the Grande Ronde Valley adds scenic beauty and
showcases a rich agricultural heritage of barley, wheat, and cattle ranching.
Convenient Downtown Amenities
Centrally positioned among La Grande’s localrestaurants, boutique shops, and vibrant community
activities, this location offers travelers easy access to dining, shopping, and entertainment in the city’s
charming downtown area.
Hub for Events and Travel
Ideally situated for visitors attending events at Eastern Oregon University or the Liberty Theatre, the
property also serves as a gateway for travelers exploring the region’s natural and cultural attractions,
benefiting from a stable and thriving hospitality market.
in downtown La Grande, Oregon. This 15,000-square-foot property, built in 1963,
offers an exceptional investment opportunity in the heart of a vibrant and growing
community.
Well-maintained and centrally positioned, this motel delivers strong potential for
steady cash flow or future redevelopment. La Grande attracts a diverse mix of
travelers, including outdoor enthusiasts exploring the nearby Blue Mountains,
visitors to Eastern Oregon University, and those drawn by the area’s rich history
and vibrant local events. This makes the Royal Motor Inn a well-placed asset to
cater to consistent demand from a variety of guest segments.
Located in the heart of historic La Grande, Oregon, the area surrounding the property offers the
perfect blend of small-town charm and modern amenities. Investors in office buildings will appreciate
the proximity to key attractions such as the Eastern Oregon University and the charming downtown
district with its unique shops, restaurants, and cafes. The area also boasts easy access to outdoor
recreation opportunities, including hiking, biking, and skiing at nearby Anthony Lakes Mountain Resort.
With a strong sense of community and a thriving local economy, the location presents an excellent
opportunity for office building investors seeking a vibrant and dynamic environment.
Explore Nearby Attractions
Located in the heart of downtown La Grande, this property is surrounded by historic 19th- and 20thcentury
architecture and is within walking distance of Liberty Theatre and Eastern Oregon University,
offering enriching cultural experiences.
Access to Outdoor Adventures
Close to the Blue Mountains, Eagle Cap Wilderness, and Anthony Lakes Mountain Resort, the area
provides year-round recreation opportunities, while the Grande Ronde Valley adds scenic beauty and
showcases a rich agricultural heritage of barley, wheat, and cattle ranching.
Convenient Downtown Amenities
Centrally positioned among La Grande’s localrestaurants, boutique shops, and vibrant community
activities, this location offers travelers easy access to dining, shopping, and entertainment in the city’s
charming downtown area.
Hub for Events and Travel
Ideally situated for visitors attending events at Eastern Oregon University or the Liberty Theatre, the
property also serves as a gateway for travelers exploring the region’s natural and cultural attractions,
benefiting from a stable and thriving hospitality market.
Property Facts
| Price | £2,193,240 | Lot Size | 0.59 AC |
| Price Per Room | £51,006 | Building Size | 15,000 SF |
| Sale Type | Investment | No. Rooms | 43 |
| Net Initial Yield | 8.71% | Number of Floors | 2 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 1.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | £2,193,240 |
| Price Per Room | £51,006 |
| Sale Type | Investment |
| Net Initial Yield | 8.71% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 15,000 SF |
| No. Rooms | 43 |
| Number of Floors | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.33/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 43 | £45.43 | - |
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Walk Score ®
Very Walkable (85)
zoning
| Zoning Code | LG-GC |
| LG-GC |
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Royal Motor Inn | 1510 Adams Ave
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