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Classic Hotel in a Terrific Location
The King Oscar Motel – Lacey is conveniently located just off of I-5. Lacey is the sister city of our state capitol Olympia, Washington, which is only minutes away and offers visitors hours of sightseeing at our historic landmarks. Less than $40k per key. Interior corridor. 1,000 sf conference room. Select Service hotel was built in 1997 and sits on 2.23 acres.
Lacey’s location provides a perfect combination of historic and scenic attractions. Bordered by Cedar Creek to the north and Oyster Creek to the south, its colorful history spans back prior to the Revolutionary War. Travelers have access to a wide variety of outdoor activities including hiking, skiing, boating, and water sports. Scenic Mount Rainier National Park, Joint Base Lewis-McChord, and the beautiful Foss Waterfront in Tacoma are only minutes away.
Spacious and inviting, each of the guest rooms and suites at King Oscar is designed for comfort. The property offers 124 guest rooms: 1 suite with kitchen, 19 kings, 33 queens, 59 double-queens, 7 executive suite, and 5 handicapped-access rooms.
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!
Special Property Features Include:
- Excellent I-5 Location
- Franchisable if desired
- State Capitol Proximity
Property Details
Keys: 124
Location: Metro, Highway
City: Lacey
State: WA
ZIP: 98516
Type: Select Service, Independent
Cap Rate:
GRRM:
ROI/Cash Flow:
Financing:
Additional Features:
Highway Access, I-5 Location
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