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Quincy Inn & Suites 500 F St SW 30 Room Hotel Quincy, WA 98848 $4,361,175 CAD ($145,373 CAD/Room) 10.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Double-Digit Cash Flow Opportunity
- Stable, Hands-Off Operations
- 30 guest rooms plus 1 manager’s suite, supporting stable on-site management
- Fully Renovated Turnkey Asset
- Strategic Location in a Growth Market
EXECUTIVE SUMMARY
1. Double-Digit Cash Flow Opportunity
Offering a strong 10.39% cap rate and $327,000+ in NOI, the property delivers an above-market yield with immediate in-place cash flow.
2. Fully Renovated Turnkey Asset
Comprehensive interior and exterior renovations completed in 2023 provide a like-new product with minimal capital expenditure required.
3. Stable, Hands-Off Operations
Includes an on-site manager’s suite and established payroll infrastructure, allowing for efficient, low-touch ownership and operational continuity.
4. Event-Driven Market with Year-Round Demand
Located minutes from the world-renowned Gorge Amphitheatre (27,500 capacity), the hotel captures overflow demand from concerts and festivals while benefiting from steady corporate and agricultural travelers.
5. Strategic Location in a Growth Market
Situated in Quincy, WA—an expanding hub for data centers (Microsoft Columbia Data Center) and agribusiness, supported by rising household incomes and infrastructure investment.
Broker of Record
Brian Brockman
License # 27380 (WA)
Matthews Real Estate Investment Services, Inc
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
(866) 889-0550
Offering a strong 10.39% cap rate and $327,000+ in NOI, the property delivers an above-market yield with immediate in-place cash flow.
2. Fully Renovated Turnkey Asset
Comprehensive interior and exterior renovations completed in 2023 provide a like-new product with minimal capital expenditure required.
3. Stable, Hands-Off Operations
Includes an on-site manager’s suite and established payroll infrastructure, allowing for efficient, low-touch ownership and operational continuity.
4. Event-Driven Market with Year-Round Demand
Located minutes from the world-renowned Gorge Amphitheatre (27,500 capacity), the hotel captures overflow demand from concerts and festivals while benefiting from steady corporate and agricultural travelers.
5. Strategic Location in a Growth Market
Situated in Quincy, WA—an expanding hub for data centers (Microsoft Columbia Data Center) and agribusiness, supported by rising household incomes and infrastructure investment.
Broker of Record
Brian Brockman
License # 27380 (WA)
Matthews Real Estate Investment Services, Inc
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
(866) 889-0550
PROPERTY FACTS
| Price | $4,361,175 CAD | Building Class | C |
| Price Per Room | $145,373 CAD | Building Size | 15,000 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Cap Rate | 10.39% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1991 |
| Property Subtype | Hotel | Corridor | Exterior |
| Zoning | CB - City Business | ||
| Price | $4,361,175 CAD |
| Price Per Room | $145,373 CAD |
| Sale Type | Investment |
| Cap Rate | 10.39% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Building Size | 15,000 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 1991 |
| Corridor | Exterior |
| Zoning | CB - City Business |
AMENITIES
- Business Center
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $110.76 CAD | - |
| Guest Room | 27 | $92.76 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 311665000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,322,223 CAD |
PROPERTY TAXES
Parcel Number
311665000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,322,223 CAD
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Quincy Inn & Suites | 500 F St SW
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