Grand Idaho Inn & Suites and Peak Extended Stay

Highlights

• $1.3M+ in Recent Capital Improvements & Renovations
• $100K in Upcoming Capital Improvements (Stucco & Exterior)
• 2 Miles to Idaho State University and Holt Arena @ ISU
• Absentee Ownership
• Ideally Located Off of Interstate 15, Just 4 Miles to Historic Downtown Pocatello
• Multiple Franchise Repositioning Opportunities Available, Including Dual Branding and Extended-Stay, or Conversion to Contract, Housing, Fractional/Multifamily
• Nearby Attractions Include Sacajawea Park, Zoo Idaho, Shoshone Bannock Casino, Snake River, and Several Museums
• Newly Completed CapEx (Last 3 Months) Includes 25 Kitchenette Installs, New Fenced-In Dog Park, 15 Rooms of New LVP, and Updated Manager’s Office.
• Owner Also in Process of 25 TTW conversions (previously on central HVAC system). These rooms also get a new window.
• Property Features the Largest Hotel Event Space and the Largest Indoor Hotel Pool in Pocatello
• Significant Upside Potential (Unutilized Spaces & Management/Operating Efficiencies)
• Situated on 8.42 Acres | Potential to Expand or Separate Parcel & Sell Excess Land
• Surrounded by Tens of State and National Parks
• Transient Demand to-and-from Yellowstone National Park
• Year-Round Tourism & University Market | 500,000+ Seasonal Population During Peak Travel Months

Location