1400 S 348th St
- 39,673 SF Total
- 65 Rooms
- 3 Stories
- 1 Building
- 2.06 AC Lot
- Originally Constructed in 2002 and Extensively Renovated in 2020
- Midscale Class
- Offers a Business Center, Fitness Center, and Indoor Pool
- Established National Brand
- Proven Room Revenue Performance Generating ~ $1.5 million
- Expansion & Redevelopment Optionality
Property Description
NAI Puget Sound Properties is marketing the Quality Inn & Suites Federal Way, a franchised midscale hotel located within the Kent/Renton submarket of the Seattle/Tacoma metropolitan area. The property is situated on an approximately 2.06 Acre site and is improved with 65 guest rooms. Existing plans provide the opportunity to expand the hotel by an estimated 22–24 additional keys, allowing for future growth potential. Originally developed in 2002, the hotel benefits from strong regional access, with proximity to major employment centers, retail amenities, and heavily traveled transportation corridors that support consistent lodging demand.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $6,600,000 |
| No. of Units: | 65 |
| Year Built: | 2002 |
| Lot Size: | 2.06 Acres |
| Opportunity Zone: | No |
| Price per unit: | $101,538 |
| Property Website | Click Here |
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