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Hotel-Motel

Best Western Tumwater Olympia Inn

5188 Capitol Blvd SE, Tumwater, WA 98501

Listing Price: $10,500,000

Number of Rooms
89
RevPAR
$69
Gross SF
44,200
Price/Room
$117,978
Price/Gross SF
$237.56
Year Built
1992

Investment Overview

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

  • 2024 Travelers' Choice Award Recipient by TripAdvisor.com
  • Excellent Guest Reviews, #1 Hotel in Tumwater
  • Ideally Located off Interstate 5, Near Several Businesses
  • 2 Miles to Olympia Regional Airport
  • 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 $14 Billion Economic Impact in the Region
  • 1-hour Drive from Downtown Seattle

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Financing By

Hotel-Motel

Best Western Tumwater Olympia Inn

Listing Price: $10,500,000

Number of Rooms
89
RevPAR
$69
Gross SF
44,200
Price/Room
$117,978
Price/Gross SF
$237.56
Year Built
1992

Investment Highlights

  • 2024 Travelers' Choice Award Recipient by TripAdvisor.com
  • Excellent Guest Reviews, #1 Hotel in Tumwater
  • Ideally Located off Interstate 5, Near Several Businesses
  • 2 Miles to Olympia Regional Airport
  • 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 $14 Billion Economic Impact in the Region
  • 1-hour Drive from Downtown Seattle

Investment Overview

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.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

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