In Brief: Crystal Investment Property (CIP) announces an exclusive hotel auction opportunity for FairBridge Inn Express Tukwila-Seattle. Opportunity to own a 120 Key asset in the high-barrier-to-entry Seattle market with repositioning potential & Seattle-Tacoma International Airport Proximity.
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FairBridge Inn Express Tukwila – Seattle, WA Image Credit CoStar Group, Inc.
Crystal Investment Property (CIP), in cooperation with the Commercial Real Estate Exchange (Crexi), announces the online reserve auction for the FairBridge Inn Express Seattle Area/Sea-Tac, located at 13050 48th Avenue South, Seattle, WA 98168. The property is a 120-key midscale hospitality opportunity positioned to capture incredible value-add upside through strategic repositioning, workforce training/affordable housing development, or a complete high-density multifamily conversion.
Bidding opens on June 15, 2026, at 9:00 AM PDT. This property represents an exceptional value-add acquisition, empowering savvy hospitality operators to seize a rare chance to enter or expand within the high-demand Seattle metropolitan submarket.
Property Overview & Details
The asset consists of a midscale, select-service hotel, unencumbered by management agreements, offering immediate operational upside and rebranding flexibility with 30 days’ notice.
- Overview: Midscale | Select-Service | 120 Keys
- Buildings: Two exterior corridor buildings with 36,116 square feet (combined).
- Acreage: Situated on approximately 2.45 acres of leased land (See Due Diligence for full lease details.)
- Room types: Queen Single, Queen Double, King Single, King Deluxe.
- Amenities: Seasonal outdoor pool and hot tub, Grab N’ Go breakfast area, guest laundry facilities, and ample on-site parking (97 surface spaces).
- Location Advantages: Strategically positioned right off Interstate 5 near the I-405 interchange, approximately 3 miles from the Seattle-Tacoma International Airport (SEA-TAC). The hotel offers proximity to the Link Light Rail service to downtown Seattle and regional bus service.
High-Upside Investment Highlights
- Qualified Opportunity Zone: Strategically positioned in an Opportunity Zone, the property unlocks attractive tax incentives for forward-thinking investors eager to maximize returns.
- Repositioning & Rebranding Flexibility: The franchise agreement features a 30-day exit option, allowing investors to retain operational control and modernize to maximize Net Operating Income (NOI).
- Adaptive Reuse & Alternative Placement Potential: Beyond traditional lodging, the physical asset and its location offer incredible flexibility for adaptive reuse and alternative uses. The property can be successfully positioned as a standard midscale hotel, treatment center, or fully converted into a high-density multifamily housing community.
- Sustained Regional Infrastructure Growth: Proximity to major corporate and logistics hubs (including Boeing, Alaska Airlines, Costco, UPS, and FedEx) provides stable corporate demand. Furthermore, the property stands to benefit from the ongoing $5 billion “Upgrade SEA” airport expansion ahead of the 2026 FIFA World Cup.
Auction Logistics & Terms
The hotel auction will be conducted entirely online via the Crexi platform. Pre-registration is strictly required to participate. Click To View: FairBridge Inn Express Tukwila Auction Flyer & Auction Details – Seattle, Washington
- Auction Date & Time: June 15–17, 2026 | Bidding starts June 15th at 9:00 AM PST
- Auction Type: Online Reserve Auction
- Starting Bid: $550,000
- Participation Deposit: $10,000
- Earnest Money Deposit: 10% of the purchase price (or a minimum of $20,000)
- Marketing Fee: 5% of the winning bid (minimum $20,000)
- Close of Escrow: Scheduled for August 18, 2026 (60-day closing period)
- Marketing Fee: 5% of the winning bid (minimum $20,000)
Pre-Auction Offers & Information Review
Interested investors, principal buyers, and brokers can review the Offering Memorandum, access the Auction Due Diligence Vault, and complete pre-registration requirements directly through Crexi. Pre-Auction offers will be entertained from registered bidders.
Click To View: FairBridge Inn Express Tukwila Auction Flyer & Auction Details
Schedule A Property Tour
Tours are available by appointment only to investors who have signed a Confidentiality Agreement and reviewed the Due Diligence materials. Note: Do not contact the property or employees directly.
- May 26, 2026: After 10:00 AM PDT
- May 27, 2026: After 8:00 AM PDT
- June 2 & June 3, 2026: After 8:00 AM PDT
Hotel Auction & Broker Contact Information
Audrey Hanna (Crexi Auction Contact) | 518-625-8581 | [email protected] |
WA Auctioneer: Auction Company License: Crexi, WA 24004486
Michelle Kennedy (Crystal Investment Property, Designated Broker) | 503-530-1316 | [email protected] | License: WA 118409
Joseph P. Kennedy (Crystal Investment Property, Certified Hotel Broker) | 503-530-1316 | [email protected] | License: WA 0017065
Disclaimer: The building and parcel sizes are approximate. All information is obtained from sources deemed reliable and is subject to buyer verification. All property tours must be arranged through the broker. Do not contact the property or employees.
Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core services of hospitality asset acquisition/disposition are supported by innovative and creative solutions to maintain its position as the most active and successful hotel broker in the region. Crystal Investment Property represents the full spectrum of hospitality real estate owners and their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, as well as development projects, and leasehold transactions.
