GuestHouse Kelso Longview 501 Three Rivers Dr 60 Room Hotel Kelso, WA 98626 $8,149,774 CAD ($135,830 CAD/Room) 11.02% Cap Rate

PRICE REDUCED - Stabilized I-5 Corridor Opportunity Zone Asset
11% on Actuals - **Pace-Morby-style offers will NOT be entertained.**
GuestHouse Kelso Longview is a 60-key, interior corridor, select-service midscale hotel currently operating under the GuestHouse brand, part of the Stay Inns hotel collection. Built in 1999 and fully renovated in 2025 with a completed Property Improvement Plan, the asset offers turnkey operations with potential to rebrand to another national, regional, or independent flag. Located within a federally designated Qualified Opportunity Zone, the property may be eligible for associated tax and investment incentives. The three-story building totals approximately 34,193 square feet on a ~1.49-acre site secured by a 60-year ground lease. The room mix includes executive and family suites, jacuzzi suites, and ADA-compliant units. Amenities include complimentary hot breakfast, indoor pool and hot tub, fitness center, business center, guest laundry, and ample parking.
The property is located along the I-5 corridor at Exit 39, less than 0.6 miles from the Kelso-Longview Amtrak Station and Multimodal Transportation Center. Lodging demand is driven by the Port of Longview, PeaceHealth St. John Medical Center, Weyerhaeuser, Longview Fibre/WestRock, and tourism to Columbia River recreation, Mount St. Helens, and regional festivals. The adjacent Three Rivers Mall redevelopment is expected to boost visitor traffic and enhance area amenities.
With stabilized performance, an experienced operating team, and a strategic location within a key transportation hub, the hotel benefits from strong visibility and access to Portland, Seattle, the Oregon Coast, and the Columbia River Gorge, supporting steady year-round demand.
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer Registration. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.