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105 SE Court Ave
Pendleton, OR 97801
The Marigold Hotel · Hospitality Property For Sale
·
42,960 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1962/2016 |
| Building Class | B | Parking Ratio | 0.37/1,000 SF |
| Lot Size | 0.46 AC | Corridor | Exterior |
| Building Size | 42,960 SF | ||
| Zoning | C-1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 42,960 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2016 |
| Parking Ratio | 0.37/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 |
AMENITIES
- Business Center
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ABOUT 105 SE COURT AVE , PENDLETON, OR 97801
Beautiful downtown location in the heart of Historic Downtown Pendleton. Across from Hamely's steakhouse and Famous saddlery store, Underground tours, Umatilla river walk, and more. Not many hotels with this unique layout for privacy in a town setting which guests love. Left the franchise and revenue has jumped more than 45%. Great hotel halfway point between Boise and Portland, Seattle and Salt Lake City. Many major upgrades, beds, furnishings, linens(triple sheeting), granite countertops, fixtures in bathroom and sink area, new Amana Heating and Cooling system in each room, coffee maker, ironing board and iron, flat screen tv, microwave, refrigerator, alarm clock, power strip with usb, new roof, paint and more. Restaurant on property with new flooring, triple sink, front of the house, and new AC/Heating. great profit potential as a microbrewery or steakhouse, currently an Indian restaurant. 2 bedroom manager/owner quarters with banquet hall or extra living quarters, with 2 full bathrooms. Great revenue improvements over 2017. over 45% increase from the same timing last year. Over 200% increase in revenue from time of purchase after renovations. Higher income, higher ADR after leaving Wyndham franchise. Great name appeal in the part of the country where Independent hotels are highly accepted. Underground parking for those who want to park out of the elements in he winter. Extra revenue stream from surrounding businesses who rent parking spaces. Don't miss out on this great opportunity to own a beautiful hotel in part of God's country.
PROPERTY TAXES
| Parcel Number | 111541 | Improvements Assessment | $211,200 |
| Land Assessment | $128,390 | Total Assessment | $339,590 |
PROPERTY TAXES
