Hotel-Motel
The Marshall Suites
350 High School Rd NE, Bainbridge Island, WA 98110
Listing Price: $10,500,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale The Marshall Suites, a four-story limited service hotel located on Bainbridge Island, Washington. Bainbridge Island borders the main body of Puget Sound and is a short ferry ride from downtown Seattle. The Seattle market is host to several corporate headquarters, sporting venues and other attractions including Pike Place Market, the Space Needle, The Seattle Great Wheel and Seattle Aquarium.
The hotel's 51 guest rooms include a flat-screen TV, work desk and closet. Hotel amenities include a fitness center and complimentary breakfast.
The Marshall Suites represents the opportunity to acquire a hotel in a desirable market near several demand generators. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound.
The Marshall Suites is for sale in conjunction with the Quality Inn & Suites Bainbridge Island. The properties can be sold individually or as a portfolio. Please see Agent for details.
The Marshall Suites
Investment Highlights
- Portfolio Cap Rate: 7.7% | Portfolio Room Revenue Multiplier: 5.4x
- Located in the Seattle Metropolitan Statistical Area (MSA)
- The Seattle Market Benefits from Corporate and Leisure Demand
- Nearby Attractions Include Pike Place Market, The Space Needle, The Seattle Great Wheel and Seattle Aquarium
Exclusively Listed By
Broker of Record
Listing Price: $10,500,000
Investment Highlights
- Portfolio Cap Rate: 7.7% | Portfolio Room Revenue Multiplier: 5.4x
- Located in the Seattle Metropolitan Statistical Area (MSA)
- The Seattle Market Benefits from Corporate and Leisure Demand
- Nearby Attractions Include Pike Place Market, The Space Needle, The Seattle Great Wheel and Seattle Aquarium
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale The Marshall Suites, a four-story limited service hotel located on Bainbridge Island, Washington. Bainbridge Island borders the main body of Puget Sound and is a short ferry ride from downtown Seattle. The Seattle market is host to several corporate headquarters, sporting venues and other attractions including Pike Place Market, the Space Needle, The Seattle Great Wheel and Seattle Aquarium. The hotel's 51 guest rooms include a flat-screen TV, work desk and closet. Hotel amenities include a fitness center and complimentary breakfast. The Marshall Suites represents the opportunity to acquire a hotel in a desirable market near several demand generators. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Puget Sound. The Marshall Suites is for sale in conjunction with the Quality Inn & Suites Bainbridge Island. The properties can be sold individually or as a portfolio. Please see Agent for details.
Exclusively Listed By
Broker of Record
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