HomeTowne Studios Salem
$9,000,000
3535 Fisher Road Northeast, Brooks, OR 97305
7.84
Cap Rate
37,206 sqft
Building Size
Details:
Highlights:
- Economy | Extended Stay | 129 Keys
- Oregon State Capitol & I-5 Hwy Exit Frontage
- Adaptive Reuse Potential In Major Metro
- Queen Studios With Kitchenettes
- Demand For Workforce/Contract Housing
- Rebranding Options With Minor Costs
- Available As A Portfolio Or Individual Asset
Description:
Extended Stay Hotel With Repositioning Potential
HomeTowne Studios Salem is a 129-key extended stay hotel in Oregon’s capital city, offering brand flexibility, operational upside, and strong demand from both business and leisure travelers. Located along I-5 in the heart of the Willamette Valley, the property benefits from consistent government, healthcare, and contractor demand, as well as year-round tourism tied to wine country, outdoor recreation, and regional events. The studio layout and highway frontage support repositioning as a hospitality asset or potential conversion to residential or workforce housing. This hotel is available individually or as part of a larger extended stay portfolio.
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.
Offered in cooperation with Lifeline Equity Real Estate
Images courtesy of CoStar
Documents:
| Title | ||
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| HomeTowne_Studios_Salem_Flyer.pdf | ||
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Offering Memorandum & Financials
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Location
Gallery
