6520 North 7th Street Suite 235
Phoenix, Arizona 85014
Phone: 602-954-7133 | Fax: 602-954-0996
info@apostlefitzgerald.com

La Quinta Inn & Suites
Coeur d' Alene, Idaho


62 Guestrooms
Offering Price: $4,250,000

Investment Overview:
Apostle Fitzgerald & Company is pleased to present for sale the La Quinta Inn & Suites located in Coeur d' Alene, Idaho.  The property is located at exit 15, off of Interstate I-90, adjacent to downtown.  The City of Coeur d' Alene is located in western Idaho on the shores of Lake Coeur d' Alene.  The area is known for its many tourist attractions, which include theme parks, water sports, annual festivals, world class resorts and golfing.

Property Overview:
The property is a 62 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 room, an administrative office, meeting room, small gift shop area, a combination laundry and housekeeping facility, and an enclosed swimming pool, and spa.  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 1995.

Price: $4,250,000
Location: Coeur d' Alene, Idaho
Property Description: Limited Service
Property Age:    Opened 1995
Number of Units: 62
Living Quarters: None
Corridors:    Interior
Public Area Amenities:   Enclosed swimming pool, spa, fitness center
Site Size: 1.63 (+/-) Acres
Trailing 12-month Occupancy: 68.9%
Trailing 12-month Avg. Daily Rate: $70.98
Trailing 12-month Room Revenue: $1,120,400
Per Unit Price: $56,400
Cap. Rate:    (call for current data)
Financing:    New

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.