13700 Aurora Ave N - Hospitality FOR SALE


Seattle, WA 98133- Haller Lake
$10,000,000 USD
909-456-3481
13700 Aurora Ave N, Seattle, WA for Sale
$10,000,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

13700 Aurora Ave N
Seattle, WA 98133
Haller Lake


HIGHLIGHTS

  • $250K of CapEx Recently Completed
  • 7 Miles to the University of Washington (50k+ Enrollment)
  • Within 9 Miles of the Metro's Major Sporting Venues, Including Climate Pledge Arena, Lumen Field, and T-Mobile Park
  • Minutes to World-Renowned Attractions Including the Space Needle, Seattle Aquarium, and Pike Place Market (~8.5M Combined Visitors Per Year)
  • 10 Miles to Downtown Seattle and some of the Market's Major Employers

OVERVIEW

Joel Deis // Broker of Record // License WA 25469 Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Comfort Inn & Suites North Seattle, a four-story hotel located in northwest Seattle. The property consists of 72 interior corridor guest rooms, a business center, fitness center, complimentary breakfast, and guest laundry facilities. Each guest room features a TV, work desk, microwave, and coffee maker. Select suites including a full kitchen/dining space and/or a sofa bed. The Comfort Inn & Suites North Seattle is ideally situated along State Highway 99, less than a mile from Interstate 5 and seven miles from Downtown Seattle. The hotel is within 10 miles of many popular attractions including Woodland Park Zoo, the Space Needle, Seattle Aquarium, Pike Place Market, and Pier 55. It is also a short drive to the metro's major professional sporting venues, including Climate Pledge Arena, Lumen Field, and T-Mobile Park. Other nearby demand generators include UW Medical Center, Seattle Children's Hospital, the University of Washington, and the Seattle Convention Center. The Comfort Inn & Suites North Seattle represents the opportunity to acquire a franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Seattle region

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$240 USD /SF

# OF ROOMS

72

PRICE/ROOM

$138,889 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Seattle North

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1990

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,585 SF

ZONING

C1-75 (M)

APN/PARCEL ID

614970-0055

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.