Possibly it's this place, the Colonial - but in the absence of any other data, I'd say no. The address is 12th and Washington Boulevard, but it's closer to 13th than 12th. The main office is different. Most telling, the sign is different, and it's from the same era.

As for the old Hi-Way motel, note the alien communication device above the red bar. Don't you wish you knew how that lit up.