Cedars Inn & Suites

Significant Room Count: A 66-unit hospitality asset consisting of 64 guest keys plus a 2-bedroom manager’s apartment, providing flexible housing options for on-site management or additional rental income.
Deep Value-Add Play: Currently operating as a distressed, owner-absentee asset with approximately 50% of the guest rooms offline. This presents a massive “blank canvas” opportunity to renovate and stabilize at market rates.
Strategic Branding Potential: A “clean slate” for branding; Wyndham has already expressed interest in flagging this location. Moving from independent to a global brand will instantly capture loyalty program traffic and higher ADR.
Unbeatable Pricing: Offered at just $28,281 per key, representing a substantial discount to replacement cost and recent comparable sales in the Pacific Northwest.
Strong Submarket Fundamentals: According to CoStar data, the Lewiston Economy/Midscale submarket maintains a 12-month RevPAR of $49.95.
Immediate Upside: Bringing the offline rooms back into service allows a buyer to potentially double the current revenue stream while benefiting from the existing demand in the Lewis-Clark Valley.
Distressed Motivation: Priced for a quick sale due to its current distressed status, offering a sophisticated buyer the chance to step into immediate equity upon stabilization.

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