SpringHill Suites Seattle Downtown South Lake Union

JLL's Hotels & Hospitality Group, as the sole and exclusive representative of the Seller, is pleased to offer for sale the fee simple interest in the 234-key SpringHill Suites Seattle Downtown South Lake Union (the "Hotel" or "Property") located in Seattle, Washington.

The SpringHill Suites Seattle Downtown South Lake Union, opened in 2001, is a fee simple, institutional-quality asset situated in downtown Seattle's growing South Lake Union submarket, Seattle's fast-growing tech epicenter. Situated just two blocks from Amazon offices and a thriving hub of biotechnology companies, the Property's strategic location capitalizes on the area's dynamic growth. The Hotel went through an $8.9 million comprehensive renovation in 2020, providing investors with an excellent opportunity to acquire a well-located premium-branded hotel in a high-growth Seattle submarket with tremendous upside. The Hotel is offered unencumbered by management and at a significant discount to replacement cost.