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1233 Central Ave NKent, WA 98032
Hotel Renovation/ Land Development Opportunity
Asset ClassHotel & Hospitality, Land
overview of deal

Overview

Positioned in the thriving Kent/ Renton submarket, the former Econolodge at 1233 Central Ave N offers investors a rare value‑add hotel opportunity featuring 85 economy‑class rooms across a 2.42‑acre suburban site.

 

Built in 1978, the Property includes sought‑after freeway visibility along with ample surface parking (90 spaces) and convenient access to major transit, including Kent Station just over one mile away. With strong surrounding hospitality demand and proximity to Seattle‑Tacoma International Airport (10.9 miles), this well‑located asset provides an exceptional platform for repositioning, redevelopment, or rebranding within a high‑performing hospitality corridor.

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Investment Highlights

On a ground lease through 2049, potential to extend subject to buyer’s development plan

 

Improvements currently owned by King County

 

85 guest rooms with 90 parking stalls

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1233 Central Ave NKent, WA 98032
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