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Hotel-Motel

The Marshall Suites

350 High School Rd NE, Bainbridge Island, WA 98110

Listing Price: $10,250,000

Number of Rooms
51
RevPAR
$96
Gross SF
115,434
Price/Room
$200,980
Price/Gross SF
$88.80
Year Built
2005

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.

Investment Highlights

  • Portfolio Cap Rate: 8.0%
  • 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

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Hotel-Motel

The Marshall Suites

Listing Price: $10,250,000

Number of Rooms
51
RevPAR
$96
Gross SF
115,434
Price/Room
$200,980
Price/Gross SF
$88.80
Year Built
2005

Investment Highlights

  • Portfolio Cap Rate: 8.0%
  • 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

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

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