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Motel 6 Hermiston, OR - Umatilla 635 S Highway 395 30 Room Hotel Hermiston, OR 97838 $3,489,800 CAD ($116,327 CAD/Room) 7.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Renovated Motel 6
- Excellent, in-town location!
- Gemini Package Completed!
EXECUTIVE SUMMARY
Motel 6 which has undergone extensive renovations to the Gemini package! All the soft goods, furniture, drapes, lamps, headboards & beds all replaced. The interior has fresh brand-standard paint. There is an outdoor seasonal pool. The hotel is ideally situated in town and has excellent visibility! The broker of record is Vijay Narain.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$915,137
|
$176.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$915,137
|
$176.46
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $915,137 |
| Annual Per SF | $176.46 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $915,137 |
| Annual Per SF | $176.46 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $3,489,800 CAD | Lot Size | 0.53 AC |
| Price Per Room | $116,327 CAD | Building Size | 5,186 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Cap Rate | 7.40% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1965/2013 |
| Property Subtype | Hotel | Parking Ratio | 6.17/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C-1 - Commercial Use-Hotels, motels allowed along with any viable, allowable commercial use! | ||
| Price | $3,489,800 CAD |
| Price Per Room | $116,327 CAD |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 5,186 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2013 |
| Parking Ratio | 6.17/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 - Commercial Use-Hotels, motels allowed along with any viable, allowable commercial use! |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 30 | $132.61 CAD | - |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 131613 | Improvements Assessment | $994,845 CAD |
| Land Assessment | $62,720 CAD | Total Assessment | $1,057,565 CAD |
PROPERTY TAXES
Parcel Number
131613
Land Assessment
$62,720 CAD
Improvements Assessment
$994,845 CAD
Total Assessment
$1,057,565 CAD
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Motel 6 Hermiston, OR - Umatilla | 635 S Highway 395
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