- Type: Hospitality
- Size: 110 Units
- Location: 1015 S Riverside Ave, Medford, OR
- Year Built: 1960
- Broker: Brian Resendez
- Sale Price: 2,500,000.00
The Econo Lodge Inn & Suites Central is a 110 unit, limited service exterior corridor motel built in 1960. The property is located 1 mile to the downtown core and 1.2 miles from I-5. Amenities include a fitness center, seasonal outdoor pool, laundry facilities and free self-parking.
The client’s goal was to move his financial interest towards hospitality, after an investment history in convenience stores in California and Southern Oregon. Brian Resendez successfully negotiated on behalf of the buyer to purchase the hotel with upgrades in place for $2,500,000.00