GuestHouse Kelso Longview

$5,950,000

501 Three Rivers Drive, Kelso, WA 98626

For Sale

Hotel

Active

Last Updated: 09/23/2026

Details:

NOI: $644,384

Pro Forma Cap Rate : 10.83%

Building Size: 34,193 sqft

Lot Area: 1.49 acres

Keys: 60

Year Built: 1999

Floors: 3

Seller Financing: No

Opportunity Zone: Yes

Year Last Renovated: 2025

Offered by

Joseph Kennedy

CHB/President

Crystal Investment Property

#OR 950700057, WA 118409, ID SP41734

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Michelle Kennedy

Principal Broker

Crystal Investment Property

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Highlights:

10.83% Cap Rate, 15.9% ROI, & 2.91 GRM (Proforma)
Midscale | Select-Service | 60 Keys
Stabilized, High-Return, Turnkey Asset
Fully Staffed for Remote Management
PIP Completed, Potential to Rebrand
I-5 Corridor at Key Transportation Hub
Tourism & Business Demand Drivers
60-Year Ground Lease in Place
Located within a federally designated Qualified Opportunity Zone

Description:

GuestHouse Kelso Longview is a 60-key, interior-corridor, select-service, midscale hotel positioned along the I-5 corridor at Exit 39 in Southwest Washington. The asset benefits from a completed 2025 PIP, stabilized operations, and the flexibility to rebrand under a new national, regional, or independent flag.

A secure 60-year private ground lease offers long-term control with predictable land costs. Located less than 0.6 miles from the Kelso-Longview Amtrak Station and adjacent to the revitalized Three Rivers Crossing retail and dining center, the property draws balanced demand from regional employers, the Port of Longview, healthcare, manufacturing, and year-round tourism.

With stabilized performance, an experienced operating team, and a strategic location within a key transportation hub, the hotel benefits from strong visibility and access to Portland, Seattle, the Oregon Coast, and the Columbia River Gorge, supporting steady year-round demand.

IMPORTANT
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.