Grand Idaho Extended Stay 1399 Bench Rd 206 Room Hotel Pocatello, ID 83201 $9,490,000 ($46,068/Room) 8.56% Cap Rate

The Grand Idaho Extended Stay at 1399 Bench Road presents a rare, high-upside opportunity in Pocatello’s growing hospitality market. This former Clarion Hotel has been transformed into a versatile, income-producing property featuring 198 guest rooms and eight suites. Over 206 extended-stay beds are consistently occupied by long-term weekly tenants, providing dependable, year-round cash flow.

The current owner has completed over $1 million in capital improvements over the past three years, including a 90% roof renovation, LED lighting upgrades, exterior stucco and landscaping improvements, new staircases, fiber internet enhancements, and PTAC heating/cooling systems. The rooms feature fully equipped kitchenettes, new beds and flooring, in-room televisions, and guest laundry. Amenities include a restaurant with a full commercial kitchen and dining area, Tesla charging stations, a fitness center, expansive event space, meeting rooms, and the largest hotel pool in Pocatello. With city-approved plans to convert the property into 125 veteran or multifamily housing units and the potential to split off or develop a portion of the land, new owners will inherit a strong foundation and multiple paths for expansion.

Strategically positioned off Interstate 15, the property offers seamless access to regional infrastructure, including Pocatello Regional Airport within 10 miles and nearby transportation corridors connecting to Salt Lake City in under 2 hours, Yellowstone National Park, and Boise. Demand drivers to the area, such as the Idaho Museum of Natural History, Idaho State University, and more, are less than 10 minutes away. The Grand Idaho Extended Stay enjoys high visibility to over 35,000 daily vehicles along Interstate 15, further enhancing its exposure and accessibility. As a tourism and university town, Pocatello attracts visitors year-round and sees its seasonal population expand to over 500,000 during peak travel months. In 2023, southern Idaho welcomed around 400,000 visitors, bringing nearly $20 million in tourism-related spending to surrounding communities. The property boasts the largest hotel event space in the area, meeting a significant demand in the market for group functions, business conferences, and social events.

Grand Idaho Extended Stay is a turnkey investment with strong fundamentals and enormous potential. The current owner has done heavy lifting, transforming the asset into a clean, efficient operation. The hotel is now an easy lift for a new investor who is ready to step in and leverage the site’s scale, location, and approvals. Whether operated as a revitalized extended-stay/hotel hybrid, repositioned as multifamily housing, or developed into a destination event venue, 1399 Bench Road offers substantial upside in a dynamic and fast-growing market.