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Property Description

The FairBridge Inn Express Tukwila is a 120-key, midscale, select-service hotel located on ~2.45 acres of leased land just 3 miles from Seattle-Tacoma International Airport. The property is comprised of 2 buildings totaling over 36,000 square feet and features an outdoor seasonal pool and hot tub. Guest room mix include Queen Singles, Queen Doubles, King Singles, and King Deluxe rooms. Hotel amenities include Grab N’ Go breakfast, an airport shuttle to SEA-TAC, and ample guest parking. The hotel is unencumbered by brand or management agreements, offering flexibility for repositioning.

Strategically positioned off Interstate 5 and near the I-405 exchange, the property benefits from steady demand generated by the airport, nearby distribution centers, and regional business activity. This asset presents a value-add opportunity for experienced operators to modernize and rebrand in a high-demand submarket of the Seattle metro. Current operations are under-optimized, offering upside through active ownership, staffing efficiencies, and professional management. The flexible franchise agreement may be terminated with 30 days’ notice, creating options to reduce brand-related costs. A proactive operator can further drive performance by pursuing airline crew contracts, group bookings, and event-driven demand. Strong transportation access and proximity to major employers support sustained commercial and transient traffic.

Location Description

Tukwila is a strategically located Seattle suburb just 3 miles from Seattle-Tacoma International Airport (SEA-TAC), which is expected to serve ~53.5 million passengers annually (2025). Known for its strong industrial and logistics presence, Tukwila is home to major employers and distribution hubs, including Boeing, Alaska Airlines, Costco, REI, and the regional UPS and FedEx networks. The city draws consistent demand from airline crews, logistics professionals, and business travelers visiting nearby warehouses, corporate campuses, and commercial parks. With immediate access to I-5, I-405, and SR-518, plus Link light rail service to downtown Seattle and the airport, Tukwila offers reliable connectivity for both short-term stays and regional travel.

• Midscale | Select-Service | 120 Keys
• $16,667 Per Key | 9.06% Cap Rate (Proforma) | 1.6x Gross Revenue
• Seller Financing Available On Principal Of Loan Only (NO Pace Morby-style Financing)
• Located In A Qualified Opportunity Zone
• Close To Seattle-Tacoma International Airport (SEA)
• Upside For Experienced Owner In Seattle Submarket
• Proximity To Distribution Centers & Infrastructure Projects
• Unencumbered by Franchise or Management
• Leased Land (Term Ends 2039)
• Opportunity To Reposition, Rebrand, Or Alternative Reuse