Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2213/ Marcus & Millichap is pleased to offer for sale the Quality Inn and Rodeway Inn & Suites, a 83-room hotel located at 139 Northeast Goodfellow Street in Ontario, Oregon (the “Property”). The Quality Inn and Rodeway Inn & Suites represents the opportunity to acquire a dual-branded hotel in a stable market. The hotel consists of two buildings constructed in 1973 and renovated in 2016 & 2019 on a large ±2.97-acre parcel. Amenities offered at the property include a heated indoor pool, business center, fitness center, complimentary breakfast buffet with large dining area, complimentary coffee in lobby and more. The current ownership employs a very loyal staff at this property, with most of the staff working there for 2+ years. The hotel also consistently receives strong guest scores. The Property is ideally located off Interstate 84, providing ease of access for commerce and tourism. Quality Inn and Rodeway Inn are affiliates of Choice Hotels International, Inc., one of the largest and most successful lodging companies in the world. Choice currently franchises more than 7,000 hotels, representing nearly 570,000 rooms in more than 40 countries and territories. Ranging from limited service to full-service hotels in the economy, midscale and upscale segments, Choice-branded properties provide business and leisure travelers with a range of high-quality, high-value lodging options throughout the United States and internationally. The hotel is ideally located off Interstate 84 in Ontario, Oregon, a city located along the Oregon-Idaho border, halfway between Salt Lake City and Portland. Ontario is centrally located amongst Malheur National Forest, Wallowa-Whitman National Forest, Salmon-Challis National Forest and Boise National Forest. Additionally, the city is only 1 hour from Boise. The Property is a 3-mile drive to Ontario Municipal Airport and near various dining and retail options such as Country Kitchen, Walmart, Home Depot, and numerous QSRs. The area is characterized by compelling demographics, with a 2024 population of ±34,210 people and an average annual household income of ±$68,467 within a 5-mile radius. The region has experienced significant growth, with a population increase of ±7.34% from 2020-2024, and is projected to continue expanding by ±11.33% from 2024-2029 within a 5-mile radius.