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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 & 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.
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