Royal Motor Inn
Hospitality | 12.44% CAP | 43 Keys
Marketing description
Hospitality investors will benefit from the property’s proximity to key attractions such as the Eastern Oregon University and the charming downtown district with its unique shops, restaurants, and cafes. The area also boasts easy access to outdoor recreation opportunities, including hiking, biking, and skiing at nearby Anthony Lakes Mountain Resort. With a strong sense of community and a thriving local economy, the location presents an excellent opportunity for office building investors seeking a vibrant and dynamic environment.
Explore Nearby Attractions
Located in the heart of downtown La Grande, this property is surrounded by historic 19th- and 20th century architecture and is within walking distance of Liberty Theatre and Eastern Oregon University, offering enriching cultural experiences.
Access to Outdoor Adventures
Close to the Blue Mountains, Eagle Cap Wilderness, and Anthony Lakes Mountain Resort, the area provides year-round recreation opportunities, while the Grande Ronde Valley adds scenic beauty and showcases a rich agricultural heritage of barley, wheat, and cattle ranching.
Convenient Downtown Amenities
Centrally positioned among La Grande’s local restaurants, boutique shops, and vibrant community activities, this location offers travelers easy access to dining, shopping, and entertainment in the city’s charming downtown area.
Hub for Events and Travel
Ideally situated for visitors attending events at Eastern Oregon University or the Liberty Theatre, the property also serves as a gateway for travelers exploring the region’s natural and cultural attractions benefiting from a stable and thriving hospitality market.
Investment highlights
Value-Add Through Operational Improvements
The property is currently operating below regional occupancy averages, presenting an opportunity for a new owner to increase revenue through improved management, online travel agency exposure (Booking. com, Expedia), and targeted marketing initiatives
Acquisition Below Replacement Cost
Offered at approximately $44,000 per room, the Royal Motor Inn is priced significantly below the cost to develop a new hospitality asset, providing investors with an attractive basis and long-term downside protection.
Multiple Local Demand Drivers
The property benefits from its proximity to Eastern Oregon University, regional outdoor recreation destinations, and Interstate travel routes, generating consistent demand from university visitors, outdoor enthusiasts, and drive-through travelers.
Independent Hospitality Asset with Operational Flexibility
As an independent motel, the property allows a new owner to implement operational improvements, adjust pricing strategies, and pursue branding or repositioning opportunities without franchise restrictions.
Prime Downtown Location
Situated in the heart of La Grande’s historic downtown district, the property is within walking distance of restaurants, retail, and Eastern Oregon University, enhancing its appeal to both leisure and business travelers.
43-Room Economy Motel in Downtown Location
Well positioned to serve budget travelers, construction crews, and regional visitors seeking affordable accommodations near downtown La Grande.
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