Minimal Property Improvement Plan
We expect there to be a minimal transfer PIP, as the hotel was recently built, we do not forsee the PIP to encompass major renovations, or changes to the property. New ownership will likely have to install and purchase new point of sale systems and software for the POS systems.
High Visibility Location
The La Quinta is directly off of the east side of Highway 89A on the corner of 400 South, by PizzaHut
The Right Business For You
This hotel is perfect for either the owner operator or serial investor, with an amazing manager in place the potential new owner can run the property from afar and periodically check in on the status of the property. This gives the potential new owner the optionality to run multiple hotels and investments at the same time. The hotels typical peak season is from late March to late October when tourism typically slows down in the region, giving the potential investor the time to make renovations, repairs, and updates to the property.
The La Quinta sits beautifully on 1.82 acres or 79,279 and a building square footage of 48,872 with the typical floor being 12,218 SqFt.