Best Western Tumwater Olympia Inn — Sale in Tumwater, WA
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Tumwater, WA 98501
- Year built: 1992
Photos
Description
Marcus & Millichap has been chosen to exclusively market for sale the Best Western Tumwater Olympia Inn, a two-story limited service hotel located in Tumwater, Washington. The hotel consists of 89 guest rooms and offers amenities including a heated indoor spa, meeting room, business center, 24 hour fitness center, spacious lobby/great room, guest laundry facilities and complimentary breakfast. The Best Western Tumwater Olympia Inn is located just 3 miles south of Downtown Olympia, off of Interstate 5. The area offers several popular tourist attractions, including the Washington State Capitol, Olympic Flight Museum, Tumwater Historical Park, WET Science Center, Hands On Children's Museum and more. The Best Western Tumwater Olympia Inn represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound. Investment Highlights: • Excellent Guest Reviews, #1 Hotel in Tumwater • Ideally Located off Interstate 5, Near Several Businesses • Nearby Attractions Include Olympic Flight Museum, Tumwater Historical Park, WET Science Center and More • 3 Miles to Washington State Capitol • 30-Minute Drive from Joint Base Lewis-McChord, Which Generates a $12 Billion Economic Impact in the Region • 1-Hour Drive from Downtown Seattle and Mount Rainier National Park
Market Context
This hospitality in Tumwater, WA is listed for sale. The building dates to 1992. Compare it against other hospitality listings for sale in Tumwater, WA — view the full market.
Contact
- Clayton Hill · (206) 826-5811 · clayton.hill@marcusmillichap.com
- Gordon Allred · (909) 456-3420 · gordon.allred@marcusmillichap.com
- Joel Deis · (206) 826-5700
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