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

La Quinta Inn & Suites
Newport, Oregon

71 Guestrooms
Offering Price: $5,000,000

Investment Overview:
Apostle Fitzgerald & Company is pleased to present for sale the La Quinta Inn & Suites along the working waterfront on Yaquina Bay, where fishing fleets and fresh seafood markets coexist with gift shops, galleries, restaurants and family attractions.  This is the home of the acclaimed Oregon Coast Aquarium.  Newport is a popular tourist and business destination. A new convention center is planned to start construction adjacent to the La Quinta, in the near future.

Property Overview:
The property is a 71 room, AAA three diamond, three-story, interior corridor hotel, located within easy walking distance to the city's many restaurants, shops and galleries. 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, by elevator and are located on three separate floors.

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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