Best Western Plus Yakima Hotel
$7,800,000
1614 North 1st Street, Yakima, WA 98901
7.06
Cap Rate
550,550
NOI
Details:
Highlights:
- Upper Midscale | Select-Service | 74 Keys
- 7.06% Cap Rate | 5.12% ROI | 4.76 GRM (Actuals)
- Located In A Qualified Opportunity Zone For Tax Incentives
- Recently Updated Property Improvement Plan (PIP)
- Four-Season Outdoor Recreation Area
- Drive-To Market For Seattle, Portland, & Major Metro
- Cultural, Business & Agritourism Destination
- 90+ Wineries in Yakima Valley Wine Country
Description:
CIP Exclusive - JUST LISTED
Franchise Hotel in Yakima Valley Opportunity Zone
Best Western Plus Yakima Hotel is a 74-key, interior corridor, select-service, upper-midscale hotel operating under the Best Western Plus brand. The property recently completed a full PIP and is located in a federally designated Qualified Opportunity Zone. The guestroom mix includes king and queen suites, an apartment-style unit with a full kitchen, and ADA-compliant options.
The hotel sits near downtown Yakima with direct access from both Interstate 82 and Highway 12. Positioned in a strong drive-to market within 200 miles of Seattle, Portland, and Spokane, the property serves year-round demand from business, leisure, and group travelers.
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!
Please Note: Buyer's Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
For More Details - Please view Offering Memorandum & Financials
Documents:
| Title | ||
|---|---|---|
| CIP_BW_Plus_Yakima_Brochure_-_2026.pdf | ||
| Access Secure Docs: Offering Memorandum & Financials |
Location
Gallery