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6520 North 7th Street Suite 235
Phoenix, Arizona 85014
Phone: 602-954-7133 | Fax: 602-954-0996
info@apostlefitzgerald.com
La Quinta Inn
Bend, Oregon
 65 Guestrooms Offering Price: $3,250,000
Investment Overview: Apostle Fitzgerald & Company is pleased to present for sale the La Quinta Inn located in Bend, Oregon. Bend is located in the high desert region of Central Oregon. The area is known for its fly-fishing in the nearby Deschutes, Metolius and Crooked Rivers, with more than 500 miles of streams stocked with trout and steelhead. The area is also popular as a jumping off place during the winter months for the many snowmobilers, visiting the 560 miles of groomed trails in the nearby Deschutes National Forest. The La Quinta is located just off of U.S. 97.
Property Overview:
The property is a 65 room, three-story, interior corridor hotel. The existing improvements, located within one building, include a lobby with front desk and back office work area, breakfast area, an administrative office, meeting room, small gift shop area, a combination laundry and housekeeping facility, and an enclosed swimming pool, sauna, spa and fitness center. Spa & kitchenette suites, as well as standard guestrooms, feature 25" TV's, coffee makers, hair dryers, irons/boards, refrigerators and microwaves. The beautifully decorated and spacious guestrooms are accessed from the lobby and are located on three separate floors. The property opened in 1990 and there is room for a future expansion. The property was closed, due to fire, from September 2002, until May of 2003.
| Price: |
$3,250,000 |
| Location: |
Bend, Oregon |
| Property Description: |
Limited Service |
| Property Age: |
Opened 1991 |
| Number of Units: |
65 |
| Living Quarters: |
None |
| Corridors: |
Interior |
| Public Area Amenities: |
Enclosed swimming pool, sauna & spa, fitness center |
| Site Size: |
1.76 (+/-) Acres |
| Land: |
Leased |
| Trailing 12-month Occupancy: |
59.4% |
| Trailing 12-month Avg. Daily Rate: |
$66.17 |
| Trailing 12-month Room Revenue: |
$930,073 |
| Financing: |
New Required |
Note: The information shown above has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it, and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
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