This property is SOLD, however we have others in a full range of prices, sizes and locations. Please contact CIP to discuss other options.
Under $27k per key. Interior and Exterior corridor portions. Five conference rooms with 15,000 sf of meeting space. Seller will split property into two parcels with 100 and 120 rooms on ~2.5 acres. The property includes Interior and Exterior corridor portions, both of which are available as separate purchases.
No fee co-op. Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through broker. DO NOT SPEAK WITH EMPLOYEES OR STAFF!
The King Oscar Motel – Tacoma is proud to be located in “The City of Destiny”. One of the most convenient stops on I-5, travelers are within minutes of Joint Base Lewis-McChord, the Tacoma Dome, Pacific Lutheran University, Emerald Queen Casino and the Point Defiance Zoo, Park and Aquarium. Within one hour from our doors, you can shop at Seattle’s Pike Place Market, or hike the slopes of Mount Rainier.
Tacoma, voted one of the most livable cities, offers travelers plenty of opportunity for recreation and entertainment. Whether you want to spend a peaceful afternoon in a museum, drive fast on an indoor grand prix raceway, watch an exciting game of baseball or take in a concert at the Tacoma Dome, you have many choices.
Spacious and inviting, each of the guest rooms and suites at King Oscar is designed for comfort. The property offers 221 guest rooms: 50 kings, 8 double-kings, 16 queens, 119 double-queens, 12 executive suites, 8 kitchenettes, and 8 handicapped-access rooms.
Special Property Features Include:
- Excellent I-5 Location
- Franchisable if desired
- Port of Tacoma, Tacoma Dome, Casinos, More!
Location: Metro, Highway
Type: Select Service, Independent
Cap Rate: 5.77
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