1500 NE 134th St - Hospitality FOR SALE


Vancouver, WA 98685- Knapp
$12,000,000 USD
805-557-8857
1500 NE 134th St, Vancouver, WA for Sale
$12,000,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1500 NE 134th St
Vancouver, WA 98685
Knapp


HIGHLIGHTS

  • 89 Rooms, 4 Stories, Interior Corridors
  • Upscale Salmon Creek Area of Vancouver, WA
  • Portland MSA, I-5 Access, 15 miles from PDX
  • Room Revenue Approximately $2.5M | NOI Approximately $650K
  • Existing Franchise Agreement expires March 2027
  • Owner is retiring

OVERVIEW

David Bowman and Johanna R. Cuevas present the La Quinta Inn & Suites in Vancouver, Washington — a strong-performing asset with proven cash flow and upside within the Portland MSA. The property benefits from convenient access to I-5 and proximity to key demand drivers including PeaceHealth Southwest Medical Center, Vancouver Mall, and Portland International Airport. The property presents a compelling investment opportunity for both owner-operators and institutional investors.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$226 USD /SF

# OF ROOMS

89

PRICE/ROOM

$134,831 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns & Suites Vancouver

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

CH, Vancouver

APN/PARCEL ID

186848-000

ASK ABOUT THIS PROPERTY

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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Kenneth CaroBowman Post GroupMore Info
805-557-8857

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.