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Investment Highlights
- Great highway exposure and access
- Great Value-add opportunity
- Well positioned in the submarket
Executive Summary
Positioned in the thriving Kent/Renton submarket, the Kent Inn at 1233 Central Ave N offers investors a rare value-add hotel opportunity featuring 85 economy-class rooms across a 2.42-acre suburban site. Built in 1978, with the effective date of 1990 the property includes sought-after freeway visibility along with ample surface parking (90spaces) and convenient access to major transit, including Kent Station just over one mile away. With strong surrounding hospitality demand and proximity to Seattle-Tacoma International Airport (10.9 miles), this well-located asset provides an exceptional platform for repositioning, redevelopment, or rebranding within a high-performing hospitality corridor.
Data Room Click Here to Access
- Ground Lease Documentation
Property Facts
| Sale Type | Investment | No. Rooms | 85 |
| Sale Condition | Ground Lease (Leasehold) | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1978 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.21/1,000 SF |
| Lot Size | 2.42 AC | Corridor | Exterior |
| Building Size | 36,698 SF | ||
| Zoning | GC, Kent | ||
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.42 AC |
| Building Size | 36,698 SF |
| No. Rooms | 85 |
| No. Stories | 2 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 2.21/1,000 SF |
| Corridor | Exterior |
| Zoning | GC, Kent |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 85 | $116.02 CAD | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $7,349,531 CAD | |
| Land Assessment | $2,795,676 CAD | Total Assessment | $10,145,207 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,795,676 CAD
Improvements Assessment
$7,349,531 CAD
Total Assessment
$10,145,207 CAD
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Former Kent Econolodge | 1233 Central Ave N
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