Hotel & Motel Property For Sale - La Quinta Inn & Suites

45 SE 32nd Street, Newport, OR, 97365

 

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La Quinta Inn & Suites

45 SE 32nd Street, Newport, OR 97365

Hotel Exterior
  • $5,200,000
  • 71
  • 44,000 SF
  • $73,239.44
  • Hotel & Motel
  • Economy/ Limited Service
  • Investment
  • 8%
  • $84
  • 60%
  • 3
  • 2000
  • Yes
  • 95,400 SF
  • Find Out More...
Last Verified  10/22/2009 Listing ID  16263582

Description

The property is just ½ mile from beautiful South Beach State park, and 1.5 miles from the Historic Bayfront.
This 9 year old lodge style property has very good curb appeal and is in excellent condition, exhibiting a style consistent with Pacific coast northwest U.S. architecture, including local stone trim. The 3 story interior corridor building is 100% non-smoking, and features elevators for guest convenience. There is a large two-story ocean themed lobby area with an attached indoor pool, spa and sauna. The tastefully appointed and well equipped guestrooms, which include 20 suites, all have microwave ovens and refrigerators, as well as hair dryers, coffee makers, irons with ironing boards, and free wireless high speed internet. Each room has cable television, and individual alarm clocks. Guests have unlimited free local calls, free parking, and free newspapers. Pets are welcome.
A complimentary Bright Side breakfast is served fresh each morning, and guests may enjoy a 24 hour fitness room, business center, and convenience store. A guest laundry is also available. The La Quinta Inn & Suites Newport welcomes small meetings with a bright and cheery 340 sq. ft. meeting room

Newport is a historic city of 10,400 population, located 130 miles South of Portland, and just an hour drive from the I-5 corridor. Newport Municipal Airport supports air service from Portland and Seattle as well. This is a city rich in heritage with the major industries being tied to tourism, fishing, and wood products. Newport is conveniently located at the heart of the central Oregon coast, the pristine area along Route 101 that stretches from Lincoln City down to Florence. With more than 60 miles of beautiful beaches and quaint coastal towns neighboring Newport to the north and the south, this central Oregon coast has drawn visitors since the Yaquina Bay Oyster beds were discovered in 1862. Over many years, uncrowded beaches, pristine scenery, and beautiful State parks have established the community as a premier tourist destination.
Newport has much more to offer than just scenery. There are over 80 restaurant, historic Lighthouses, Arts & Culture, Fishing and Crabbing, and The Oregon Coast Aquarium. Newport has a vast range of attractions& history history, culture, fishing, surfing, hiking, beaches, unique neighborhoods, or just fresh ocean air and family fun.

Financial Summary

Room Mix Information

  • Actual
  • $1,289,805
  • $412,416

Map of 45 SE 32nd Street, Newport, OR 97365 (Lincoln County)

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Presented by

Apostle Fitzgerald & Company

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Contact Listing Broker
Robert Fitzgerald (602) 954-7133
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Created 6/3/2009

Additional Information for 45 Se 32nd Street, Newport, OR 97365

  • Active For Sale - 2 Listings
  • Active For Lease - 0 Listing
  • Previously Listed - 1 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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