139 Goodfellow St, Ontario, OR 97914-3048
This exceptional investment opportunity presents a dual-branded 83-room Quality Inn and Rodeway Inn & Suites hotel, ideally situated at 139 Goodfellow St, Ontario, OR 97914. The property boasts a fee-simple ownership structure and sits on a substantial 2.97-acre lot. Built in 1973 with renovations completed in 2016 and 2019, this two-building, two-story hotel offers a range of modern amenities including a heated indoor pool, business center, fitness center, and a complimentary breakfast buffet. The hotel consistently receives high guest scores and benefits from a loyal, long-term staff. Its strategic location off Interstate 84 provides easy access for both business and leisure travelers, placing it conveniently between Salt Lake City and Portland. The surrounding area offers strong demographics, with a population of approximately 34,210 and an average annual household income of approximately $68,467 within a 5-mile radius. This rapidly growing region is projected to experience significant population expansion in the coming years. The hotel's proximity to Ontario Municipal Airport, various dining and retail establishments (including Walmart and Home Depot), and local attractions further enhances its appeal. The auction for this property begins at $1,500,000, reflecting its substantial room revenue of $1.5 million. This represents a compelling opportunity to acquire a well-established hotel in a thriving market.
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Quality Inn Hotel & Motel
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Rodeway Inn & Suites Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O-C2H · Ontario, OROntario. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.