6100 Corson Ave S Seattle, WA 98108

Building Details

Year Built

1992

Listing agency RE/MAX METRO REALTY, INC. j***@jamestjoa.com Show Phone

Listed by JAMES TJOA · License #TJ0A313314D2

Source Corcoran

Added: Mar 31 Updated: Jul 10 at 12:28PM Checked: Jul 21 at 4:44AM

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Investment Insights

Based on property information with market context.

The Georgetown Inn at 6100 Corson Ave S is a hospitality asset offering a potential acquisition opportunity. The property features a versatile unit mix of 52 rooms, including 44 standard rooms, 6 kitchenettes suitable for extended stays, and 2 premium suites. 24 of the rooms have already been modernized. The property has a strong reputation, with a 9.0/10 rating on Expedia.com and high Google Maps reviews. The property totals 22452 square feet. The property is positioned for a value-add program and delivering a 9.5% proforma cap rate at $150 ADR.

Key Highlights

• High Proforma Cap Rate: 9.5% proforma cap rate at $150 ADR indicates strong income potential.
• Turnkey Asset: Ready for immediate operation with existing infrastructure.
• Strong Reputation: 9.0/10 Expedia.com rating and high Google Maps reviews.

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FAQs

What type of property is this?

Hotel - Established Seattle Inn with value-add potential and strong reputation.

Where is this hotel located?

The property is located at 6100 Corson Ave S Seattle, WA.

What is the asking price?

The asking price for this property is $7,300,000.

What are key features of this property?

This property features: High Proforma Cap Rate: 9.5% proforma cap rate at $150 ADR indicates strong income potential.; Turnkey Asset: Ready for immediate operation with existing infrastructure.; Strong Reputation: 9.0/10 Expedia.com rating and high Google Maps reviews.