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Faits saillants de l'investissement
- Ideally positioned within the core Eastside submarket near a diverse mix of corporate demand
- Largest suites measuring 300 SF and larger, all with full kitchens, living, and sleeping areas
- Affiliation with national franchise and completion of capital improvements will drive RevPAR
- Bellevue office market represents one of the largest and most affluent employment bases in the pacific Northwest
- Offered unencumbered of management & brand
- High barriers to entry due to limited development sites, high construction costs, and strict entitlement environment
Résumé de l'annonce
CBRE Hotels, as the exclusive advisor, is pleased to present the 126-key Larkspur Landing Bellevue. Located in the heart of the Eastside submarket, the Larkspur Landing is prominently positioned in Bellevue, Washington, proximate to Interstate 405 and State Route 520, within the incorporated City of Bellevue. Bellevue stands as one of the Puget Sound region’s primary economic centers, distinguished by its highly educated workforce, elevated household incomes, and a real estate market among the most valuable and supply-constrained in the Pacific Northwest.
The Hotel is located near several major Fortune 100 and leading technology companies, including Microsoft, Amazon, Meta, Google, Salesforce, and T-Mobile, as well as numerous regional headquarters and satellite offices throughout Bellevue, Redmond, and Kirkland. Downtown Seattle, the Seattle Convention Center, Climate Pledge Arena, and Lumen Field are all located within a 15-mile radius. Seattle-Tacoma International Airport (“SEA”) is approximately 17 miles south of the Hotel, while Paine Field is roughly 20 miles to the north.
Opened in the late 1990s, the Larkspur Landing Bellevue is a four-story, wood-frame property situated on approximately two acres. This purpose-built extended-stay, all-suite hotel features spacious guest rooms equipped with full kitchens, along with dedicated meeting and common areas. The Property has received periodic capital improvements, though only limited, as-needed upgrades have been completed in recent years.
The Hotel is located near several major Fortune 100 and leading technology companies, including Microsoft, Amazon, Meta, Google, Salesforce, and T-Mobile, as well as numerous regional headquarters and satellite offices throughout Bellevue, Redmond, and Kirkland. Downtown Seattle, the Seattle Convention Center, Climate Pledge Arena, and Lumen Field are all located within a 15-mile radius. Seattle-Tacoma International Airport (“SEA”) is approximately 17 miles south of the Hotel, while Paine Field is roughly 20 miles to the north.
Opened in the late 1990s, the Larkspur Landing Bellevue is a four-story, wood-frame property situated on approximately two acres. This purpose-built extended-stay, all-suite hotel features spacious guest rooms equipped with full kitchens, along with dedicated meeting and common areas. The Property has received periodic capital improvements, though only limited, as-needed upgrades have been completed in recent years.
Faits sur la propriété
| Type de vente | Investissement | Nombre de pièces | 126 |
| Type de propriété | Services hôteliers | Nombre d’étages | 5 |
| Sous-type de propriété | Hôtel | Année de construction/rénovation | 1998/2015 |
| Classe d’immeuble | B | Ratio de stationnement | 0,94/1 000 pi² |
| Taille du lot | 3,83 AC | Corridor | Intérieur |
| Taille du bâtiment | 84 427 pi² | ||
| Zonage | OLB | ||
| Type de vente | Investissement |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | B |
| Taille du lot | 3,83 AC |
| Taille du bâtiment | 84 427 pi² |
| Nombre de pièces | 126 |
| Nombre d’étages | 5 |
| Année de construction/rénovation | 1998/2015 |
| Ratio de stationnement | 0,94/1 000 pi² |
| Corridor | Intérieur |
| Zonage | OLB |
Commodités
- Centre d’affaires
- Centre de conditionnement physique
- Système de navette
- Commerce de détail sur place
- Patio
- Espaces de réunion
- Accès Wi-Fi public
- Cuisine entièrement équipée
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Suite | 126 | 307,48 $ CAD | - |
1 1
Assez praticable à pied
40/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun relativement accessibles
50/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 112405-9118 | Évaluation des bâtiments | 19 298 698 $ CAD |
| Évaluation du terrain | 9 767 645 $ CAD | Évaluation totale | 29 066 344 $ CAD |
Impôts fonciers
Numéro de lot
112405-9118
Évaluation du terrain
9 767 645 $ CAD
Évaluation des bâtiments
19 298 698 $ CAD
Évaluation totale
29 066 344 $ CAD
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Présenté par
Larkspur Landing Bellevue | 15805 SE 37th St
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