For Sale
$2,000,000

139 Goodfellow St Ontario, OR 97914

Dual-branded hotel, strong revenue, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a dual-branded 83-room Quality Inn and Rodeway Inn & Suites hotel, ideally situated at 139 Goodfellow St, Ontario, OR 97914. The property boasts a fee-simple ownership structure and sits on a substantial 2.97-acre lot. Built in 1973 with renovations completed in 2016 and 2019, this two-building, two-story hotel offers a range of modern amenities including a heated indoor pool, business center, fitness center, and a complimentary breakfast buffet. The hotel consistently receives high guest scores and benefits from a loyal, long-term staff. Its strategic location off Interstate 84 provides easy access for both business and leisure travelers, placing it conveniently between Salt Lake City and Portland. The surrounding area offers strong demographics, with a population of approximately 34,210 and an average annual household income of approximately $68,467 within a 5-mile radius. This rapidly growing region is projected to experience significant population expansion in the coming years. The hotel's proximity to Ontario Municipal Airport, various dining and retail establishments (including Walmart and Home Depot), and local attractions further enhances its appeal. The auction for this property begins at $1,500,000, reflecting its substantial room revenue of $1.5 million. This represents a compelling opportunity to acquire a well-established hotel in a thriving market.

Highlights

  • $1.5M Starting Bid: Quality Inn & Rodeway Inn & Suites Portfolio Auction (December 9-11).
  • 83-Room Hotel on 2.97-Acre Parcel.
  • Modern Amenities: Indoor Pool, Business Center, Fitness Center, Complimentary Breakfast.
  • Prime I-84 Location: Oregon/Idaho Border, Midway Between Salt Lake City & Portland.
  • Strong Demand Generators Nearby: Ontario Train Depot, Cultural Center, Fairgrounds.
  • Attractive Demographics: 5-Mile Radius, ±34,210 Population, ±$68,467 Annual Household Income.

Property Details for 139 Goodfellow St

Property type
Hospitality properties, Motels
Year Built
1973
Buildings
2
Stories
2
Lot Size (sq. ft)
129,373 SF

Location Insight

City
Ontario
County
Malheur
State
Oregon
Latitude
44.02578413368
Longitude
-116.94437132117
139 Goodfellow St, Ontario, Oregon

FAQs

What type of property is this?
Hospitality property - Dual-branded hotel, strong revenue, prime location.
Where is the hospitality property located?
The property is located at 139 Goodfellow St Ontario, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $1.5M Starting Bid: Quality Inn & Rodeway Inn & Suites Portfolio Auction (December 9-11).; 83-Room Hotel on 2.97-Acre Parcel.; Modern Amenities: Indoor Pool, Business Center, Fitness Center, Complimentary Breakfast.
How can I contact the broker?
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139 Goodfellow St
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