Sleep Inn Kelso 250 Kelso Dr

84 Room Hotel Kelso, WA 98626 £9,658,725 (£114,985/Room)

Investment Highlights

  • Converted to Sleep Inn in January 2024
  • Great Visibility and Location off I-5
  • 3 story, interior corridor property
  • $1,535,112 Trailing Twelve Month Revenue

Executive Summary

The Bowman Post Group of NewGen Advisory is pleased to present for sale the Sleep Inn in Kelso, Washington. Located along Interstate 5, this Sleep Inn offers exceptional highway visibility and accessibility. This 3 story, interior corridor property was converted to a Sleep Inn in January of 2024, creating a great investment opportunity for a buyer looking for a turnkey property. With room revenue trending up, this property gives investors the chance to capitalize on a freshly renovated property in a high demand area.
Located only 45 miles north of downtown Portland, Oregon, Kelso provides convenient access to the Interstate 5 corridor, making it an ideal choice for businesses seeking high visibility and traffic. With access to the Columbia River, Interstate 5, and several railways, Kelso supports a large manufacturing base. Kelso's location near the Columbia River and outdoor recreational areas provides opportunities for activities such as fishing, hiking, and boating, which appeal to nature enthusiasts. With a growing population and increasing interest from both tourists and businesses, Kelso presents a compelling investment opportunity in the hospitality sector.

Property Facts

Price £9,658,725
Price Per Room £114,985
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.12 AC
Building Size 35,934 SF
No. Rooms 84
Number of Floors 3
Year Built/Renovated 1993/2010
Tenancy Single
Parking Ratio 2.84/1,000 SF
Corridor Interior

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 84 £92.56 -

PROPERTY TAXES

zoning

Zoning Code C02
  • Listing ID: 33071994

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 250 Kelso Dr, Kelso, WA 98626