View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

6100 Corson Avenue S

Main image

6100 Corson Avenue S

6100 Corson Ave S, Seattle, WA 98108
Hotel/Motel For Sale Available Built 1992 3 floors Zoning: NC3-55 (M)
Asking Price
$7,300,000
Total Building22,452 SF
Available22,452 SF avail
Land27,996 SF land
MarketS. Seattle
CountyKing

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
306562
Listing ID
710626
Type
Hotel/Motel
Asset Class
Hotel/Motel
Zoning
NC3-55 (M)

Description

The Georgetown Inn at 6100 Corson Ave S presents a rare opportunity to acquire a well-established, income-producing hospitality asset in one of Seattle's most dynamic and supply-constrained submarkets. Primed for a straightforward value-add program and delivering a 9.5% proforma cap rate at $150 ADR, this turnkey asset offers the operational infrastructure and upside potential that serious hospitality investors demand.• 52-Room Versatile Unit Mix — 44 standard rooms, 6 kitchenettes for extended stays, and 2 premium suites., with 24 rooms already modernized and ready to drive immediate revenue• Strong Reputation — 9.0/10 Expedia.com rating and high Google Maps reviews, ensuring low customer acquisition costs and strong organic visibility• Value-Add Upside — A clear path to equalize ADR a

Listing Courtesy of:

JT
James Tjoa
RE/MAX Metro Realty, Inc.
2312 Eastlake Ave E,
Seattle, WA 98102-3306
State: WA City: Seattle ZIP: 98108 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.