6100 Corson Ave S - Hospitality FOR SALE


Seattle, WA 98108- Georgetown
$7,300,000 USD
206-226-2800
6100 Corson Ave S, Seattle, WA for Sale
$7,300,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

6100 Corson Ave S
Seattle, WA 98108
Georgetown


OVERVIEW

The Georgetown Inn at 6100 Corson Ave S presents a rare opportunity to acquire a well-established, income-producing hospitality asset in one of Seattle's most dynamic and supply-constrained submarkets. Primed for a straightforward value-add program and delivering a 9.5% proforma cap rate at $150 ADR, this turnkey asset offers the operational infrastructure and upside potential that serious hospitality investors demand. • 52-Room Versatile Unit Mix — 44 standard rooms, 6 kitchenettes for extended stays, and 2 premium suites., with 24 rooms already modernized and ready to drive immediate revenue • Strong Reputation — 9.0/10 Expedia.com rating and high Google Maps reviews, ensuring low customer acquisition costs and strong organic visibility • Value-Add Upside — A clear path to equalize ADR across all 52 keys by completing renovation of the remaining 28 units, with post-renovation ADR of $165–$175 pushing NOI above $700K • Prime Transit-Oriented Location — Positioned at the I-5 corridor (Exit 162) with direct access to Boeing Field, Downtown Seattle, and the Port, drawing a resilient mix of corporate, aviation, and leisure demand • Significant Land & Zoning Optionality — 28,000 SF lot with NC-55 zoning offers long-term redevelopment potential beyond hospitality use • Operational Advantages — Ample surface parking, fitness room, guest laundry, elevator, and full sprinkler system in a modernly constructed 1992 building • Barrier-to-Entry Submarket — Limited new hotel supply in Georgetown combined with a built-in referral network from neighboring businesses

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$325 USD /SF

# OF ROOMS

52

PRICE/ROOM

$140,385 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Georgetown Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1992

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

NC3-55 (M)

APN/PARCEL ID

692070-0025

ASK ABOUT THIS PROPERTY

James TjoaRE/MAX Metro Realty, Inc.More Info
206-226-2800

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James TjoaRE/MAX Metro Realty, Inc.More Info
206-226-2800

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