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Red Lion Inn & Suites Yakima 1405 N 1st St 53 Room Hotel Yakima, WA 98901 $4,131,300 CAD ($77,949 CAD/Room)
Executive Summary
Fully Renovated 53-Room Hotel – Zero PIP. Discover a rare, hassle-free hospitality investment located at 1405 N 1st St, Yakima, WA 98901. This property has been meticulously upgraded to meet the highest franchise standards, saving you time, stress, and capital.
Why 1405 N 1st St is a Must-Buy:
100% Turnkey: Super 8 approved with NO PIP required. Step right into a compliant, operational business.
Extensively Renovated: Features a brand-new roof, all-new contemporary furniture, fresh carpeting, and a beautifully redesigned modern lobby.
Prime Location: Situated immediately next to the East I-82 freeway, ensuring a steady stream of drive-by visibility and easy off-ramp access for guests.
Optimal Size: At 53 rooms, it’s the perfect size for efficient, high-margin management.
Why 1405 N 1st St is a Must-Buy:
100% Turnkey: Super 8 approved with NO PIP required. Step right into a compliant, operational business.
Extensively Renovated: Features a brand-new roof, all-new contemporary furniture, fresh carpeting, and a beautifully redesigned modern lobby.
Prime Location: Situated immediately next to the East I-82 freeway, ensuring a steady stream of drive-by visibility and easy off-ramp access for guests.
Optimal Size: At 53 rooms, it’s the perfect size for efficient, high-margin management.
Property Facts
| Price | $4,131,300 CAD | Building Size | 26,500 SF |
| Price Per Room | $77,949 CAD | No. Rooms | 53 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1972/2019 |
| Property Subtype | Hotel | Parking Ratio | 1.74/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.80 AC | Opportunity Zone |
Yes
|
| Zoning | Commercial | ||
| Price | $4,131,300 CAD |
| Price Per Room | $77,949 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 26,500 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2019 |
| Parking Ratio | 1.74/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 53 | $100.53 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,465,134 CAD | |
| Land Assessment | $261,860 CAD | Total Assessment | $1,726,994 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$261,860 CAD
Improvements Assessment
$1,465,134 CAD
Total Assessment
$1,726,994 CAD
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Red Lion Inn & Suites Yakima | 1405 N 1st St
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