Log In/Sign Up
Your email has been sent.
Quality Inn & Suites Downtown Walla Walla 520 N 2nd Ave 61 Room Hotel Walla Walla, WA 99362 $6,500,000 ($106,557/Room) 6.84% Cap Rate
INVESTMENT HIGHLIGHTS
- Updated Property Improvement Plan (PIP)
- Choice-Backed Franchise & Loyalty Reach
- 130+ Wineries Drive Year-Round Demand | US-12 & Airport Access, Drive-To Market
- Located In A Qualified Opportunity Zone (QOZ) | Property May Have Potential To Expand
- Walkable Downtown Walla Walla Location | Restaurant Adjacent
EXECUTIVE SUMMARY
CIP Exclusive - Just Listed!
Quality Inn & Suites Walla Walla is a 61-key, midscale, select-service, interior-corridor hotel under the Choice Hotels franchise. Recent renovations meet brand standards with no outstanding seller PIP, limiting near-term capital needs. Amenities include an indoor pool and spa, while accommodations offer a diverse mix of kings, queens, ADA rooms, and suites, with select units featuring kitchens or jetted tubs, supporting both business and leisure demand. The 2.03-acre site allows potential for site optimization or expansion, subject to buyer verification. Positioned just off US-12 for efficient regional access, with steady year-round visitation anchored by the Walla Walla Valley’s 130+ wineries.
IMPORTANT
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer Registration. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.
Quality Inn & Suites Walla Walla is a 61-key, midscale, select-service, interior-corridor hotel under the Choice Hotels franchise. Recent renovations meet brand standards with no outstanding seller PIP, limiting near-term capital needs. Amenities include an indoor pool and spa, while accommodations offer a diverse mix of kings, queens, ADA rooms, and suites, with select units featuring kitchens or jetted tubs, supporting both business and leisure demand. The 2.03-acre site allows potential for site optimization or expansion, subject to buyer verification. Positioned just off US-12 for efficient regional access, with steady year-round visitation anchored by the Walla Walla Valley’s 130+ wineries.
IMPORTANT
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer Registration. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.
PROPERTY FACTS
| Price | $6,500,000 | Building Size | 26,769 SF |
| Price Per Room | $106,557 | No. Rooms | 61 |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 6.84% | Year Built/Renovated | 1989/2022 |
| Property Type | Hospitality | Parking Ratio | 1.21/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 2.03 AC | ||
| Zoning | C | ||
| Price | $6,500,000 |
| Price Per Room | $106,557 |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.03 AC |
| Building Size | 26,769 SF |
| No. Rooms | 61 |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2022 |
| Parking Ratio | 1.21/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $161.00 | - |
| Guest Room | 54 | $131.00 | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 360720730103 | Improvements Assessment | $3,675,600 |
| Land Assessment | $656,600 | Total Assessment | $4,332,200 |
PROPERTY TAXES
Parcel Number
360720730103
Land Assessment
$656,600
Improvements Assessment
$3,675,600
Total Assessment
$4,332,200
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Quality Inn & Suites Downtown Walla Walla | 520 N 2nd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.