Title
77 Room Comfort Inn WA
Occupancy
48%
ADR
$97
Average monthly Store Sales
Price
$5,450,000.00
Average Monthly Gas Sales Gallons
Rooms
77
Cap Rate
9%
Status
Sold
Room Revenue
$1,339,000
Annual Room Revenue
Annual Net Profit
$446,900
Remarks
Comfort Inn Walla Walla is a relatively new 77 room, interior corridor hotel prominently situated on the main highway entering Walla Walla. Built in 2008, this hotel features an outstanding location in the heart of the wine country. More and more visitors are attracted to Walla Walla each year as it has become prestigious world wide for the quality of its wines and has become one of the largest producing areas in the country with over 120 wineries and 2800 acres of grapes under cultivation. One major feature of this hotel is a penthouse suite belonging to the owner, never rented but capable of commanding up to $450 per night. The current ownership of this hotel is based out of state and are selling this property due to its remote location from their headquarters creating an incredible opportunity for an enterprising buyer. *Real Estate included in asking price.