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1688 S 348th St
Federal Way, WA 98003
Federal Way Inn & Suites · Hospitality Property For Sale · 58,600 SF

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 2.91 AC
Construction Status Converted
Building Size 58,600 SF
No. Stories 3
Year Built/Renovated 1982/2015
Tenancy Single
Parking Ratio 2.24/1,000 SF
Corridor Interior
Zoning CE

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Spa

About 1688 S 348TH ST , FEDERAL WAY, WA 98003

Remodeling completed in 2015, 90 units, interior corridor, franchised hotel, High exposure, right off I-5 Exit, at the major intersection, close to a major shopping center. Total lot is about 3 acres which has room for expansion or build a brand hotel 80 unit or more on approx. 1 acre. All PIP is current, great potential with right management !! SBA financing is ready with 20 % down payment.

Property Taxes

Property Taxes

Parcel Number
212104-9078
Land Assessment
$5,706,900
Improvements Assessment
$5,063,600
Total Assessment
$10,770,500
  • Listing ID: 13441665

  • Date on Market: 8/9/2018

  • Last Updated:

  • Address: 1688 S 348th St, Federal Way, WA 98003

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