500 F St SW - Hospitality FOR SALE


Quincy, WA 98848
$3,150,000 USD
310-561-8254
500 F St SW, Quincy, WA for Sale
$3,150,000 USD
Hospitality - FOR SALE
1/3
null | 10.39% Cap Rate

500 F St SW
Quincy, WA 98848


HIGHLIGHTS

  • Double-Digit Cash Flow Opportunity
  • Fully Renovated Turnkey Asset
  • Stable, Hands-Off Operations
  • Strategic Location in a Growth Market
  • 30 guest rooms plus 1 manager’s suite, supporting stable on-site management

OVERVIEW

1. Double-Digit Cash Flow Opportunity Offering a strong 10.39% cap rate and $327,000+ in NOI, the property delivers an above-market yield with immediate in-place cash flow. 2. Fully Renovated Turnkey Asset Comprehensive interior and exterior renovations completed in 2023 provide a like-new product with minimal capital expenditure required. 3. Stable, Hands-Off Operations Includes an on-site manager’s suite and established payroll infrastructure, allowing for efficient, low-touch ownership and operational continuity. 4. Event-Driven Market with Year-Round Demand Located minutes from the world-renowned Gorge Amphitheatre (27,500 capacity), the hotel captures overflow demand from concerts and festivals while benefiting from steady corporate and agricultural travelers. 5. Strategic Location in a Growth Market Situated in Quincy, WA—an expanding hub for data centers (Microsoft Columbia Data Center) and agribusiness, supported by rising household incomes and infrastructure investment. Broker of Record Brian Brockman License # 27380 (WA) Matthews Real Estate Investment Services, Inc 11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$210 USD /SF

# OF ROOMS

30

PRICE/ROOM

$105,000 {currency}

CAP RATE

10.39%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quincy Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CB

APN/PARCEL ID

311665000

ASK ABOUT THIS PROPERTY

Dominic HendersonMatthews Real Estate Investment ServicesMore Info
310-561-8254

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Dominic HendersonMatthews Real Estate Investment ServicesMore Info
310-561-8254

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