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Four Points by Sheraton Seattle Airport South 22406 Pacific Highway South 225 Room Hotel Des Moines, WA 98198 $37,500,000 ($166,667/Room)
INVESTMENT HIGHLIGHTS
- Near Airport
- Built in 2015 Steel Construction
EXECUTIVE SUMMARY
A premier investment opportunity in the thriving Seattle Airport hospitality market, the Four Points by Sheraton Seattle Airport South offers immediate income and long-term development potential. This 225-room, 7-story Upper Upscale hotel, built in 2015 and opened in 2016, operates under the globally recognized Marriott International brand as a Four Points franchise.
Strategically located just 11 minutes from Seattle-Tacoma International Airport, the property sits along busy Pacific Highway South, with strong visibility and access to major transportation corridors. The hotel boasts 6,952 SF of flexible meeting space, a fitness center, business center, pool, on-site bar and restaurant, and high-speed internet, catering to both business and leisure travelers.
Key Highlights:
• 225 rooms with interior corridors across 7 floors
• 6,952 SF of meeting/event space
• Parking of 205 stalls including the additional parking lot
**Additional adjacent lot included, ideal for future development or expansion currently 52 stalls of additional parking 25,000 sq ft as an additional feature for extended phase development, with options to build 8-story apartments up to 85 ft building height. **
• Situated in a high-demand hospitality market with 73.1% occupancy and $143.78 ADR (12-month trailing averages per CoStar, Feb 2025)
• Desirable Marriott franchise flag and professional management
• Located within a 1-mile radius of 17,349 residents and 6,089 households, with solid demographic growth and demand drivers
• Surrounded by restaurants, retail, and key regional employers
• Strong local and tourist demand driven by airport proximity, nearby corporate offices, and Port of Seattle operations
With the current market showing positive RevPAR growth and high occupancy in the Seattle Airport submarket, this property provides brand stability. The additional included lot opens the door for potential new hospitality, mixed-use, or parking expansion (buyer to verify zoning).
This offering is ideal for investors seeking a stabilized, branded hotel asset with upside potential through future development.
Strategically located just 11 minutes from Seattle-Tacoma International Airport, the property sits along busy Pacific Highway South, with strong visibility and access to major transportation corridors. The hotel boasts 6,952 SF of flexible meeting space, a fitness center, business center, pool, on-site bar and restaurant, and high-speed internet, catering to both business and leisure travelers.
Key Highlights:
• 225 rooms with interior corridors across 7 floors
• 6,952 SF of meeting/event space
• Parking of 205 stalls including the additional parking lot
**Additional adjacent lot included, ideal for future development or expansion currently 52 stalls of additional parking 25,000 sq ft as an additional feature for extended phase development, with options to build 8-story apartments up to 85 ft building height. **
• Situated in a high-demand hospitality market with 73.1% occupancy and $143.78 ADR (12-month trailing averages per CoStar, Feb 2025)
• Desirable Marriott franchise flag and professional management
• Located within a 1-mile radius of 17,349 residents and 6,089 households, with solid demographic growth and demand drivers
• Surrounded by restaurants, retail, and key regional employers
• Strong local and tourist demand driven by airport proximity, nearby corporate offices, and Port of Seattle operations
With the current market showing positive RevPAR growth and high occupancy in the Seattle Airport submarket, this property provides brand stability. The additional included lot opens the door for potential new hospitality, mixed-use, or parking expansion (buyer to verify zoning).
This offering is ideal for investors seeking a stabilized, branded hotel asset with upside potential through future development.
PROPERTY FACTS
| Price | $37,500,000 | Building Size | 266,605 SF |
| Price Per Room | $166,667 | No. Rooms | 225 |
| Sale Type | Investment | No. Stories | 7 |
| Sale Condition | Build to Suit | Year Built | 2015 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 0.77/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.58 AC | ||
| Zoning | PRC | ||
| Price | $37,500,000 |
| Price Per Room | $166,667 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.58 AC |
| Building Size | 266,605 SF |
| No. Rooms | 225 |
| No. Stories | 7 |
| Year Built | 2015 |
| Tenancy | Single |
| Parking Ratio | 0.77/1,000 SF |
| Corridor | Interior |
| Zoning | PRC |
AMENITIES
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 225 | $169.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 250060-0140 | Improvements Assessment | $37,242,200 |
| Land Assessment | $2,746,500 | Total Assessment | $39,988,700 |
PROPERTY TAXES
Parcel Number
250060-0140
Land Assessment
$2,746,500
Improvements Assessment
$37,242,200
Total Assessment
$39,988,700
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Four Points by Sheraton Seattle Airport South | 22406 Pacific Highway South
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