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Comfort Inn & Suites Seattle North 13700 Aurora Ave N 72 Room Hotel Seattle, WA 98133 $10,000,000 ($138,889/Room)
INVESTMENT HIGHLIGHTS
- $250K of CapEx Recently Completed
- Within 9 Miles of the Metro's Major Sporting Venues, Including Climate Pledge Arena, Lumen Field, and T-Mobile Park
- 10 Miles to Downtown Seattle and some of the Market's Major Employers
- 7 Miles to the University of Washington (50k+ Enrollment)
- Minutes to World-Renowned Attractions Including the Space Needle, Seattle Aquarium, and Pike Place Market (~8.5M Combined Visitors Per Year)
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
| Price | $10,000,000 | Building Size | 41,704 SF |
| Price Per Room | $138,889 | No. Rooms | 72 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1990/2013 |
| Property Subtype | Hotel | Parking Ratio | 1.22/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.91 AC | ||
| Zoning | C1-75 (M) | ||
| Price | $10,000,000 |
| Price Per Room | $138,889 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.91 AC |
| Building Size | 41,704 SF |
| No. Rooms | 72 |
| No. Stories | 4 |
| Year Built/Renovated | 1990/2013 |
| Parking Ratio | 1.22/1,000 SF |
| Corridor | Interior |
| Zoning | C1-75 (M) |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 12 | $129.00 | - |
| Guest Room | 60 | $113.00 | - |
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Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 614970-0055 | Improvements Assessment | $8,003,100 |
| Land Assessment | $2,968,800 | Total Assessment | $10,971,900 |
PROPERTY TAXES
Parcel Number
614970-0055
Land Assessment
$2,968,800
Improvements Assessment
$8,003,100
Total Assessment
$10,971,900
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MATTERPORT 3D EXTERIOR
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