-
HomeTowne Studios Seattle-Kent Washington – Image Credit CoStar Group, Inc.
HomeTowne Studios Seattle-Kent is a 133-key, economy extended stay hotel on ~2.4 acres in the South Seattle metro, offering investors brand flexibility, operational upside, and strong submarket demand.
Hotel Overview
Built in 1998 and renovated in 2015, HomeTowne Studios Seattle-Kent is a three-story, exterior-corridor hotel with ~54,874 square feet. The property offers 133 Single and Double Queen studios, including ADA-accessible units, each with a kitchenette to support extended stay demand. The ~2.4-acre site features on-site laundry facilities, ample parking (including limited spaces for buses and trucks), and elevator access to all floors.
Demand Drivers
The hotel is 4.9 miles from Seattle-Tacoma International Airport (Sea-Tac) and is conveniently located near the Port of Tacoma. It sits within Kent’s aerospace and logistics hub, anchored by Boeing, Blue Origin, Amazon, and other advanced manufacturers. Additional demand comes from Highline College, the FAA’s regional office, and nearby healthcare providers. New infrastructure, including the SR 509 Completion Project and the Kent Des Moines Station transit development, will enhance connectivity and increase demand for contract lodging.
Market Context
The Seattle metro welcomed 37.8 million visitors in 2023. Visitor spending in King County grew 6.8% in 2024. Event venues, cruise terminals, and professional sports support tourism and business demand. Looking ahead, Seattle will host six matches in the 2026 FIFA World Cup. The tournament is expected to bring $929 million in economic impact and expand lodging demand across South Seattle submarkets, including Kent and Des Moines.
Investment Upside Potential
Its extended-stay design and zoning also support conversion to workforce housing, micro-apartments, or supportive housing. With refreshed management, targeted upgrades, and availability as a standalone or portfolio acquisition, HomeTowne Studios Seattle-Kent offers investors a flexible platform for long-term value creation.
The hotel is encumbered by brand but may be delivered unflagged with minimal liquidated damages. This creates options for independent operation or repositioning under a new flag. The property is available as an individual acquisition or as part of a larger extended stay portfolio across the Pacific Northwest.
Call For Offers
The Call for Offers is scheduled for September 17, 2025, at 5:00 PM (PST).
View Listing for HomeTowne Studios Seattle-Kent
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.