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HOMENTENE Studios in Salem, Oregon -Image Credit Costar Group, Inc.
Salem, a 129-key economically extended accommodation property located near the Oregon Capitol, has strong employer demand, adaptive reuse potential and portfolio flexibility, which Salem will provide to investors.
Hotel Overview
Salem’s Home Studio is a 129-key, economically extended accommodation with an exterior corridor designed to cover approximately 2.27 acres and a building covering approximately 37,206 square feet. The three-story property (with elevator) includes studio units with kitchenette, dining area and HD flat-screen TV. The room mix comes with Queen’s Studio and accessible units. Built in 1998 and renovated in 2005, the hotel offers operational flexibility in long-term accommodation, labor accommodation or residential conversion.
Operational efficiency
Refresh management immediately raises through efficiency-driven supervision, improved cost control and dynamic pricing strategies. Home Studio Salem extended accommodation configuration also supports repositioning labor rentals, micro-isolation or support housing, leveraging Salem’s diversified economic base.
Investment details
The hotel is currently brand-limited, but termination can be used for relatively small sales losses. This flexibility allows investors to reposition under the new flag, operate independently or pursue adaptive reuse. The property may be offered without a franchise and may be part of a personal asset or a larger extended accommodation portfolio.
Requirements Driver
Hometown Salem is from the Oregon Capitol and Willamette University from the Oregon Capitol and Willamette University, Salem benefits from aligned needs related to government, academic and civic activities. Close to major employers – including Salem Health, Amazon’s fulfillment center, Nopac Foods and Salem Casser School District – supports strong workday accommodation. In addition, ongoing infrastructure projects such as the $300 million Central Street Bridge earthquake renovation and the renovation of the Oregon Capitol will maintain demand for contractors and consultants from 2026 to 2026. Located near I-5, within an hour in Portland, the hotel captured driving and recreational traffic.
Market environment
As the capital of Oregon and a gateway to the Willamette Valley, Salem combines government, agency and corporate hosts with regional tourism appeals. Willamette Valley has over 500 wineries, a variety of outdoor entertainment options, and numerous cultural events that are visited year-round. The region’s tourism industry contributes to Oregon’s annual visitor spending, creating a stable, diversified accommodation demand. With a solid workday business, weekend leisure and contractor accommodation, Salem provides a solid foundation for long-term hospitality investment.
Hometowne Studios Salem offers a flexible, demand-driven opportunity and adopts a variety of value-creating strategies in the Capital Metro area of Oregon.
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Calls for the offer have been arranged September 17, 2025, 5:00 pm (PST).
View list of Salem’s Country Studios
Disclaimer: Building and parcel size are approximate. All information is obtained from sources deemed reliable and requires buyer verification. All property trips must be arranged by a broker. Do not contact property or employees.
