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Property Detail

345 NW 2nd St, Corvallis, OR 97330, USA
Adjacent to the Willamette Riverfront Park
$7,500,000

Description

INVESTMENT HIGHLIGHTS

  • Restaurant with Six- One bedroom apartment units above
  •   
  • Rodeway Inn and Chine Delight Restaurant can be purchased togetherat a listing price of $8,400,000.00
  • Close proximity to restaurants, brew pubs, and coffee shops
  •  
  • Close to Oregon State University Campus
  •  
  • Rodeway Inn can be acquired separately for $7,000,000.00 and China Delight for $1,400,000.00

EXECUTIVE SUMMARY

The Rodeway Inn Willamette River offers a unique investment opportunity in Downtown Corvallis and home to the Oregon State University. The property includes a 63 unit, two story, interior corridor hotel building. The room types include four King size family suites with jetted spa baths, King single rooms, Queen single rooms, and Queen double rooms. A separate managers office building also includes a four bedroom, two bath managers apartment. In addition, there is a separate commercial building that houses the China Delight Restaurant and Lounge, a Corvallis fixture for more than two decades and six one bedroom, one bath apartment units above the restaurant and lounge.
The hotel and restaurant can be acquired together or separately.
 
 

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite4$234.00-
Guest Room63$93.00

 

PROPERTY TAXES

 

Skip Rotticci

+1 503-227-2500

Mobile +1 503-314-0527

Specification

General

  • 22156
  • 0.9600
  • Investment
  • CMU-3 (Commercial Mixed Use)
  • 1979
  • 2011
  • 67

Financials

  • 4.36

Hospitality

Rodeway Inn Willamette River

Listing ID : 00224

SKU: 224

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