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Franchised Hotel
Seattle, Seattle, WA 98121
N/A
120
68,410 SF
Hotel & Motel
Full Service
Investment
5
1978
0.40 AC
-
Last Verified 11/8/2004
Listing ID 13946622
Highlights
A DOWNTOWN LOCATION WITH EASY ACCESS TO I-5
WALK TO OFFICES AND VISITOR ATTRACTIONS
REVENUE ON 35% TREND UPWARD OVER LAST YEAR
PRICED UNDER REPLACEMENT COST
Description
120 comfortable guest rooms with latest amenities, spacious lobby, restaurant with street entrance, conference/private dining rooms, on-site arrival and parking for guest cars. Renovated in 2001. AAA rated three diamonds and a winner of franchisor award. Even with 9/11 the 2001 revenue was 32% higher than last year but Seattle's economy is improving and trend 2004 year-to-date revenue of the hotel is up 35% over same period 2003.
Conveniently located in heart of business and tourism district in free bus zone but easy walking distance to offices, shopping, restaurants and visitor attractions. Access to Interstate 5 is only several blocks away.
Map of Seattle, Seattle, WA 98121 (King County)
Created 6/17/2004
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P