The Travelodge by Wyndham in Aberdeen, WA, is a 65-unit, exterior-corridor, two-story hotel with prime coastal location near the city of Ocean Shores and 2 hours from Seattle directly on US-101 Freeway. The hotel is located in an opportunity zone, providing potential preferential tax treatment.
This well-maintained property offers a variety of amenities, including RV and truck parking, free breakfast, and 24-hour front desk service. Additionally, the hotel includes a one-bedroom manager's apartment. Recent renovations, made by the previous owner, included the installation of high-quality LVT flooring.
The hotel is profitable, with a Net Income of $427,066 resulting in a cap rate of just under 10%. The Econo Lodge Inn & Suites in Hoquiam, WA, a nearby competing hotel, recently sold in February 2025 and is no longer operating as a hotel, leaving potential upside in bookings moving forward.
Aberdeen has seen significant growth and development in recent years. The city has focused on revitalization efforts, infrastructure improvements such as the US 12 Highway-Rail Separation project, and flood protection initiatives. Additionally, Aberdeen has welcomed a new grocery store and is expanding facilities like Grays Harbor College. Key demand generators in the region include healthcare, public administration, retail trade, manufacturing, fishing, and timber. Prominent employers in Aberdeen include Grays Harbor Community Hospital, Sierra Pacific Industries, Simpson Door Plant, and the City of Aberdeen.