1399 Bench Rd Pocatello, ID 83201-2445
- Hotels
- 8.00 lot acres
Current Use by Public Records
- Tesla Supercharger / Electric Vehicle Charging Station
- Grand Idaho Inn & Suites / Hotel / Extended Stay Hotel
- Peak Extended Stay / Extended Stay Hotel
Property Details for 1399 Bench Rd
- Year built
- 1965
- Lot size
- 8.00 lot acres
- Property type
- Hotels
- APN
- RPCPP011700
- APU
- RPCPP011700
Description
This 206-key hotel, boasting a recent 2024 renovation, presents a compelling investment opportunity. Situated on 8.42 acres in Pocatello, Idaho, this two-story property offers significant upside potential. The hotel features a large indoor courtyard with a heated pool (the largest in Pocatello), a game room, fitness center, restaurant/bar, and seven meeting/event spaces. The property, previously a Clarion hotel, now operates as a mix of hotel and extended-stay accommodations, including 156 hotel rooms and 50 extended-stay rooms. Over $850,000 in capital improvements have been completed in the last three years, with an additional ~$100,000 slated for exterior stucco and improvements. The property's prime location off Interstate 15, four miles from downtown Pocatello, benefits from transient demand to and from Yellowstone National Park and proximity to Idaho State University and numerous state and national parks. The expansive lot size allows for potential expansion or the sale of excess land. Unutilized spaces and opportunities for improved management and operating efficiencies further enhance the investment's potential. The asking price is $10,500,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pocatello
- County
- Bannock
- State
- Idaho
- Longitude
- -112.435
- Latitude
- 42.9005
- CBSA code
- 38540
- CBSA name
- POCATELLO, ID METROPOLITAN STATISTICAL AREA
