Franchise Hotel Everett WA

Description

2 story 120 Unit Hotel, sits on 2.62 acre land, great redevelopment potential, Right off I-5 Exit, close to Boeing, Everett Airport, high visibility, exposure with easy ingress and egress.

Essential Information

  • Property Type Hospitality
  • Asking Price 4,950,000
  • Number of Unit 120
  • Room revenue 900,000
  • ADR 85
  • Occupancy(%) 60%
  • Yearly NOI 400,000
  • Cap Rate 8
  • Year Built 1981
  • Year Remodel 2010
  • # of buildings 2
  • Building Size 45000
  • Lot Size (acres) 2.62 Acres
  • Franchise or Non franchise Non Franchise
  • Interior corridor or exterior corridor Exterior Corridor