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King Oscar Motel Exterior Corridor – Tacoma, WA – SOLD 2014

King Oscar Motel Exterior Corridor Tacoma Washington

This property is SOLD, however we have others in a full range of prices, sizes and locations. Please contact CIP to discuss other options.

Listing only includes the exterior corridor portion

Spacious and inviting, each of the guest rooms and suites at King Oscar is designed for comfort. This portion of the property includes the Exterior corridor rooms, which consists of 121 keys rooms and suites. Under $24k per key. Also available is the adjacent Interior corridor portion, as well as a combined cost for both portions together. No fee co-op.

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.

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!

 

Special Property Features Include:

  • Franchise Opportunity
  • Never before on the market!
  • Tremendous upside in cost containment.

Property Details

Price: $2,900,000
Keys: 121
Location: Metro, Highway
City: Tacoma
State:
ZIP: 98444
Status: SOLD!
Type: Select Service, Independent
Cap Rate: 9% proforma
GRRM:
ROI/Cash Flow:
Financing:

Additional Features:
Brand New!, City Center, Conference Center, Exterior Corridor, I-5 Location, Meeting Room, Never Before Listed, Tacoma Dome

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