6311 33rd Ave NE - Hospitality FOR SALE


Marysville, WA 98271
$2,950,000 USD
206-949-4989
6311 33rd Ave NE, Marysville, WA for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/5
null | 18.31% Cap Rate

6311 33rd Ave NE
Marysville, WA 98271


HIGHLIGHTS

  • Great access to freeway
  • Many attractions near the hotel
  • Next to Tulalip Casino

OVERVIEW

THIS IS A BUILDING IMPROVEMENT SALE INCLUDING HOTEL BUSINESS, AND THE NOI IS BASED ON THE PROFORMA. LAND IS GROUND LEASED (SEE THE ATTACHED OM FLYER FOR DETAILS). The 2-story hotel, interior corridor, just off I-5 in Marysville, WA provides affordable comfort just minutes from the Tulalip Casino, Future of Flight Aviation Center and the Boeing Tour. Explore the many attractions near the hotel.Great potential revenue and net operating income with the right operation, without a franchise due to high lodging demand for this location. All financial statements and income proof are available upon acceptance of the offer. This is only for Building Improvement and Business Assets. The land is leased, remaining the lease term left 33 years, including options

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$121 USD /SF

# OF ROOMS

58

PRICE/ROOM

$50,862 {currency}

CAP RATE

18.31%

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Quality Inn Tulalip Marysville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

56

LAND DETAILS

LAND ACRES

56.92 AC

LAND SF

2,479,435 SF

ZONING

TRIBES

APN/PARCEL ID

300529-004-004-03

ASK ABOUT THIS PROPERTY

Chong LeeGenesis RealtyMore Info
206-949-4989

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Chong LeeGenesis RealtyMore Info
206-949-4989

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