1400 S 348th St - Hospitality FOR SALE


Federal Way, WA 98003
$7,250,000 USD
425-586-5637
1400 S 348th St, Federal Way, WA for Sale
$7,250,000 USD
Hospitality - FOR SALE
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1400 S 348th St
Federal Way, WA 98003


OVERVIEW

39,673 SF Total 65 Rooms 3 Stories 1 Building 2.06 AC Lot Originally Constructed in 2002 and Extensively Renovated in 2020 Midscale Class Offers a Business Center, Fitness Center, and Indoor Pool Established National Brand Proven Room Revenue Performance Generating ~ $1.5 million Expansion & Redevelopment Optionality

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$183 USD /SF

# OF ROOMS

65

PRICE/ROOM

$111,538 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Federal Way Seattle

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2002

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

CE, Federal Way

APN/PARCEL ID

202104-9055

ASK ABOUT THIS PROPERTY

Itzik MizrahiNAI Puget Sound PropertiesMore Info
425-586-5637

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Itzik MizrahiNAI Puget Sound PropertiesMore Info
425-586-5637

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