Property Details

The Georgetown Inn at 6100 Corson Ave S presents a rare opportunity to acquire a well-established, income-producing hospitality asset in one of Seattle's most dynamic and supply-constrained submarkets. Primed for a straightforward value-add program and delivering a 9.5% proforma cap rate at $150 ADR, this turnkey asset offers the operational infrastructure and upside potential that serious hospitality investors demand.• 52-Room Versatile Unit Mix — 44 standard rooms, 6 kitchenettes for extended stays, and 2 premium suites., with 24 rooms already modernized and ready to drive immediate revenue• Strong Reputation — 9.0/10 Expedia.com rating and high Google Maps reviews, ensuring low customer acquisition costs and strong organic visibility• Value-Add Upside — A clear path to equalize ADR across all 52 keys by completing renovation of the remaining 28 units, with post-renovation ADR of $165–$175 pushing NOI above $700K• Prime Transit-Oriented Location — Positioned at the I-5 corridor (Exit 162) with direct access to Boeing Field, Downtown Seattle, and the Port, drawing a resilient mix of corporate, aviation, and leisure demand• Significant Land & Zoning Optionality — 28,000 SF lot with NC-55 zoning offers long-term redevelopment potential beyond hospitality use• Operational Advantages — Ample surface parking, fitness room, guest laundry, elevator, and full sprinkler system in a modernly constructed 1992 building• Barrier-to-Entry Submarket — Limited new hotel supply in Georgetown combined with a built-in referral network from neighboring businesses