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81 Key Quality Inn & Suites Meridian 1575 S Meridian Rd 81 Room Hotel Meridian, ID 83642 $7,550,000 ($93,210/Room)
EXECUTIVE SUMMARY
QUALITY INN MERIDIAN | 81 DOOR
Premier Meridian Rd I-84 Interchange Opportunity Property Investment Idaho is pleased to present this two-building Choice Brand Hotel, with an excellent opportunity to acquire a complete 81 room hotel at Meridian's most prominent interstate interchange. Strategically positioned at the Meridian Road exit of I-84 with exceptional freeway visibility, this 32,024-square-foot hotel assemblage offers investors multiple repositioning strategies across two distinct buildings, each sitting on its own lot with separate legal descriptions.
With 128,000 vehicles per day (2015 data) passing this high-visibility corridor, the property benefits from extraordinary exposure serving Idaho's fastest-growing city and the greater Boise Valley metropolitan area. The portfolio's flexible structure supports diverse investment strategies from continued hospitality operations to mixed-use conversion, adaptive reuse, extended stay or campus redevelopment.
Premier Meridian Rd I-84 Interchange Opportunity Property Investment Idaho is pleased to present this two-building Choice Brand Hotel, with an excellent opportunity to acquire a complete 81 room hotel at Meridian's most prominent interstate interchange. Strategically positioned at the Meridian Road exit of I-84 with exceptional freeway visibility, this 32,024-square-foot hotel assemblage offers investors multiple repositioning strategies across two distinct buildings, each sitting on its own lot with separate legal descriptions.
With 128,000 vehicles per day (2015 data) passing this high-visibility corridor, the property benefits from extraordinary exposure serving Idaho's fastest-growing city and the greater Boise Valley metropolitan area. The portfolio's flexible structure supports diverse investment strategies from continued hospitality operations to mixed-use conversion, adaptive reuse, extended stay or campus redevelopment.
PROPERTY FACTS
| Price | $7,550,000 | Building Size | 44,342 SF |
| Price Per Room | $93,210 | No. Rooms | 81 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1992/2018 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.7/1,000 SF |
| Lot Size | 1.59 AC | Corridor | Interior |
| Zoning | C-G - General Retail and Service Commercial - Permitted Uses: Hotel/hospitality operations and office uses allowed. Residential conversion with CUP Permit | ||
| Price | $7,550,000 |
| Price Per Room | $93,210 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.59 AC |
| Building Size | 44,342 SF |
| No. Rooms | 81 |
| No. Stories | 2 |
| Year Built/Renovated | 1992/2018 |
| Tenancy | Single |
| Parking Ratio | 1.7/1,000 SF |
| Corridor | Interior |
| Zoning | C-G - General Retail and Service Commercial - Permitted Uses: Hotel/hospitality operations and office uses allowed. Residential conversion with CUP Permit |
AMENITIES
- Business Center
- Controlled Access
- Pool
- High Speed Internet Access
- Patio
- Waterpark
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 21 | $106.00 | - |
| Guest Room | 60 | $80.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $8,059,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,059,200
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81 Key Quality Inn & Suites Meridian | 1575 S Meridian Rd
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