The Passport Group has been retained as exclusive broker to offer the fee-simple interest in the 33-guestroom Econo Lodge Prineville (“Hotel” or “Property”) located at 123 NE 3rd St, Prineville, OR. The Hotel is positioned on approximately 0.60 acre. Located next to Highway 26, this unassuming hotel is 1.6 miles from Ochoco Wayside State Park and 7.2 miles from Ochoco Reservoir.
This is an opportunity to acquire a Choice hotel with upside potential. The Econo Lodge Prineville is a cash flowing asset. The Property is a two-story, interior corridor hotel originally constructed in 1972. The hotel offers a variety of amenities such as full breakfast, microwave and refrigerator in all 33 guestrooms; complimentary amenities include coffee in the lobby, a continental breakfast served and on-site parking.
Dhruv Shah is a second generation hotelier. Dhruv’s professional experience is rooted in hotel sales & marketing and operations, having lead both departments with Marriott. Currently an operator of four hotels, Dhruv manages over 300 guest rooms, giving him direct insight to industry issues.
123 NE 3rd St
Number of BUILDINGS
Number of Rooms
Floors / Layout
Two floors, interior corridor