Hotel Property For
101 128th St SE Everett, WA 98208
101 128th St SE, Everett, WA, 98208
Contact for pricing
For Sale
Contact for pricing
Hotel for sale in Everett, positioned next to I-5.
Property Size48,584 SF
Price / SF$209.95
Days on Market104
Property Features for 101 128th St SE
General Information
- Standard status
- Active
- Size
- 48,584 SF
- Property subtype
- Hospitality
Listing agency
RealtyAll.com
(206) 436-4989
Listed by
Brian Do · License #WA
Source
Crexi
Added: Apr 9 Updated: Jul 21 at 1:22PM Checked: Jul 21 at 1:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RealtyAll.com
Investment Insights
Based on property information with market context.
This hotel property is being offered for sale. The offering includes a total size of 48,584 square feet.
The property is located at 101 128th St SE in Everett, Washington, with the public remarks indicating it sits next to I-5.
For buyers seeking a hospitality asset with convenient freeway adjacency, this hotel provides a straightforward acquisition profile based on the information available.
The property is located at 101 128th St SE in Everett, Washington, with the public remarks indicating it sits next to I-5.
For buyers seeking a hospitality asset with convenient freeway adjacency, this hotel provides a straightforward acquisition profile based on the information available.
Key Highlights
- Hotel for sale in Everett
- Positioned next to I‑5
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $874.5k | $18.00 |
| − Vacancy | −$109.3k | −$2.25 |
| EGI | $765.2k | $15.75 |
| − OpEx | −$401.7k | −$8.27 |
| NOI | $363.5k | $7.48 |
48,584 SF · lease $18.00/SF/yr · vacancy 12.50% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$5.19M
$4.54M – $6.06M
NOI $363,469 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.08M
$14.07M – $18.76M
NOI $1,125,718 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Unity Coffee Company
Cafe & Coffee Shop
Quality Inn & Suites ...
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Hotel for sale in Everett, positioned next to I-5.
Where is this hotel located?
The property is located at 101 128th St SE Everett, WA.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: Hotel for sale in Everett; Positioned next to I‑5
