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Quality Inn Tulalip Marysville 6311 33rd Ave NE 58 Room Hotel Marysville, WA 98271 $4,096,681 CAD ($70,632 CAD/Room) 18.03% Cap Rate
Investment Highlights
- Great access to freeway
- Next to Tulalip Casino
- Many attractions near the hotel
Executive Summary
THIS IS A BUILDING IMPROVEMENT SALE INCLUDING HOTEL BUSINESS, AND THE NOI IS BASED ON THE PROFORMA. LAND IS GROUND LEASED (SEE THE ATTACHED OM FLYER FOR DETAILS). The 2-story hotel, interior corridor, just off I-5 in Marysville, WA provides affordable comfort just minutes from the Tulalip Casino, Future of Flight Aviation Center and the Boeing Tour. Explore the many attractions near the hotel.Great potential revenue and net operating income with the right operation, without a franchise due to high lodging demand for this location. All financial statements and income proof are available upon acceptance of the offer. This is only for Building Improvement and Business Assets. The land is leased, remaining the lease term left 33 years, including options
Property Facts
| Price | $4,096,681 CAD | Building Size | 24,480 SF |
| Price Per Room | $70,632 CAD | No. Rooms | 58 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 18.03% | Year Built | 1994 |
| Sale Condition | Ground Lease (Leased Fee) | Tenancy | Single |
| Property Type | Hospitality | Parking Ratio | 2.29/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Parcel Number | 300529-004-004-03 |
| Lot Size | 56.92 AC | ||
| Zoning | TRIBES | ||
| Price | $4,096,681 CAD |
| Price Per Room | $70,632 CAD |
| Sale Type | Investment |
| Cap Rate | 18.03% |
| Sale Condition | Ground Lease (Leased Fee) |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 56.92 AC |
| Building Size | 24,480 SF |
| No. Rooms | 58 |
| No. Stories | 2 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 2.29/1,000 SF |
| Corridor | Interior |
| Zoning | TRIBES |
| Parcel Number | 300529-004-004-03 |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 58 | $177.82 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Quality Inn Tulalip Marysville | 6311 33rd Ave NE
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