Motel 6 Baker City OR

Motel 6 Baker City OR

175 Campbell St, Baker City, OR 97814
40 Keys • $2,5500,000
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Listing Broker(s)

Franklin Eng

Property Overview

  • 40-room, Motel 6 Franchise Property constructed in 1997
  • 2 Story Exterior Corridors, Limited Service
  • Newly Renovated Property with Rejuvenation Upgrade in 2021
  • Thoughtfully Maintained with Recent Capital Expenditures Completed
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
  • Conveniently located off I-84 and Baker City Mini-Loop
  • 97 miles from Pendleton Airport
  • 2 Miles from Oregon Trail Museum, Baker City Golf Club, and Sam-O-Park
As the exclusive representative of the seller, Michael Thomas Pariza through Franklin Eng of Hotel Partner Group is pleased to present for sale to qualified investors the Motel 6 (‘Hotel’ or ‘Property’) located in Baker City, Oregon. The Franchised Hotel is offered at $2,600,000 or $65,000 per key.
The Motel is a 40-room, two-story Hotel located at 175 Campbell St, Baker City, OR 97814, just off Interstate 84 with 4 Star Reviews。
Baker City, Oregon is located in the eastern part of Oregon and is known for its rich history, outdoor recreation opportunities, and beautiful scenery. The city is situated along the historic Oregon Trail, which now features the National Historic Oregon Trail Interpretive Center, a museum showcasing the history and stories of the pioneers who traveled the Oregon Trail, and the trailhead of the Oregon Trail. Outdoor recreation is a popular activity in Baker City, with opportunities for fishing, hiking, camping, and skiing in the surrounding area. The nearby Elkhorn Mountains offer miles of trails for hiking and mountain biking, and the Baker City Sportsman’s Park is a popular spot for fishing and picnicking. In the winter, the nearby Anthony Lakes Mountain Resort is a popular ski destination.

In addition to its recreational opportunities, Baker City is known for its charming downtown area, which features historic buildings, unique shops, and popular restaurants. The city also hosts several events throughout the year, including the Baker City Farmers Market, the Eastern Oregon Beer Festival, and the Baker City Historic Home Tour. In 2023, the limited-service Hotel recorded room revenues of $620,000 thousand and a net operating income of just over $267,000 thousand.

The Property has been thoughtfully maintained by current on-site ownership with over $500,000 thousand in capital expenditures. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR from better revenue management, not only benefiting from increased market share but also higher NOI flow-through.

Property Highlights

Asking Price $2,5500,000
Location 175 Campbell St, Baker City, OR 97814
Show on Map
Property Type Hospitality
Subtype Motel
Keys 40
Year Built 1997
Last Year Renovated 2021

Investment Highlight

Financial Summary YTD 2022
Room Revenues $277,218.28
Occ% 49.1%
ADR 81.37
Property performance is trending up in 2023.
Financial Summary YTD 2023
Room Revenues $618,562.89
Occ% 43.7%
ADR $92.02
GRM 4.259
Cost P/Door $62,500
C/C Return 20.81%
Cap Rate 10.70%
DSCR% 1.41
Rev/Key $14,692
IRR (Years) 4.81