7801 W Quinault Ave - Hospitality FOR SALE


Kennewick, WA 99336
$7,000,000 USD
503-530-1316
7801 W Quinault Ave, Kennewick, WA for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/1
null | 7.49% Cap Rate

7801 W Quinault Ave
Kennewick, WA 99336


HIGHLIGHTS

  • Strong YoY Growth & Completed PIP
  • Arena & Convention Traffic Anchor
  • Metro Drive-To Wine, River & Event Tourism
  • Diverse Guest Mix & Year-Round Occupancy
  • Turnkey Investment & Stabilized Operations
  • Flag, Loyalty, & Booking Scale via CHH

OVERVIEW

Stabilized Comfort Inn Near Convention & Events Venues The Comfort Inn Kennewick Richland is a 56-key, upper midscale, interior corridor hotel operating as a select-service asset under the Choice Hotels franchise. Recent Property Improvement Plan (PIP) updates align the property with current brand standards, supporting turnkey operations. The hotel features a diverse room mix, including both standard and suite layouts, a guest laundry facility, a business center, and an indoor pool and hot tub. The hotel is located ~0.5 miles from the Toyota Center, Toyota Arena, and Three Rivers Convention Center, which collectively generate year-round demand from concerts, conventions, and regional sporting events. The area attracts millions of annual visitors for wine tourism, outdoor recreation, and access to the Columbia River, contributing to strong weekend and shoulder season occupancy. Kennewick attracts consistent demand from leisure, business, and workforce travel, driven by over 200 Columbia Valley wineries, major employers such as Pacific Northwest National Laboratory and Kadlec Regional Medical Center, and ongoing public-private redevelopment. The hotel’s strategic location along regional travel routes supports strong connectivity to Seattle, Portland, Spokane, and Boise. With completed renovations, brand infrastructure, and stabilized performance, the asset is well-positioned within a growing regional market. Kennewick is a riverfront city in southeastern Washington, where desert landscapes meet a walkable, art-filled downtown. Its historic core, part of the South Columbia Creative District, features galleries, murals, restaurants, wine tasting, and seasonal markets. Visitors enjoy year-round recreation, from biking and fishing along the Columbia River to hiking desert trails and winter trips to nearby mountains. The Toyota Center and Three Rivers Convention Center anchor a steady calendar of concerts, sporting events, and trade shows that sustain hotel demand. Festivals and cultural programming contribute to the city’s lively and welcoming character. With its creative energy, small-town charm, and access to over 200 Columbia Valley wineries, Kennewick is a strategic base, just 30 minutes from Walla Walla and under three hours from Seattle, Spokane, and Portland via regional highways. 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.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$273 USD /SF

# OF ROOMS

56

PRICE/ROOM

$125,000 {currency}

CAP RATE

7.49%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Kennewick Richland

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1994

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

26

APN/PARCEL ID

131991000018004

ASK ABOUT THIS PROPERTY

Joseph KennedyCrystal Investment PropertyMore Info
503-530-1316

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Joseph KennedyCrystal Investment PropertyMore Info
503-530-1316

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