Listed by BPG Hotels
$6,425,000
GROUND LEASE | Bend OR | La Quinta
Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 31,154
Keys 65
Price per SqFt $206
Year Built 1990
Year Renovated 2022
Buildings 1
Stories 3
Acreage 1.530
Zoning Hotel/Motel Permitted
Ground Lease Yes
Wyndham Hotel in Bend Oregon
Marketing description
Brendan ‘Mac’ Bleier is pleased to present the La Quinta by Wyndham in Bend, Oregon, a well-positioned hotel offered on a ground lease. Located in one of Oregon’s fastest-growing markets, the property benefits from strong demand driven by both regional and out-of-state leisure travel. The hotel has been well maintained, though absentee ownership has resulted in elevated operating costs, creating a clear opportunity for a new owner to improve efficiency while maintaining strong RevPAR performance. This offering represents a compelling value-add opportunity to acquire a high-performing asset in the highly desirable Bend, Oregon market.
Click to sign the Confidentiality Agreement
Investment highlights
- Leasehold Interest in a La Quinta Hotel
- MOTIVATED SELLER - MAKE AN OFFER
- 65 Units, 3 Story, Interior Corridor
- Offered at a 3.4x 2025 RRM
- 2025 REV: $1,885,795
- 2024 REV: $1,936,802
- Operating at 89% RevPAR Index
- Upside from Hands-on Management
Click to sign the Confidentiality Agreement
Listing Contacts
Listed by BPG Hotels
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