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.
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