Provided by NWMLS, Listed by Louis Voorhees, Westlake Associates, Inc.

8702 -8716 S Hosmer Street

Tacoma, WA, 98444

$14,200,000

$319 per ft²
$14,200,000
$319 per ft²
Pending
Pending
 - For Sale
carpenters-square
44,467 ft²
property_type
Multi-family
calendar
Built 1978
The American Lodge presents investors with a rare opportunity to convert a 142-room motel into a market-rate multifamily property. The potential unit types consist of (71) 210 sqft & (71) 280 sqft studios. The current owner is in the process of getting permits for the change of use. American Lodge was constructed in 1978 featuring classic “walk up” style construction with exterior corridor unit access. The buildings have recently undergone a major exterior renovation which includes brand new roofs on the buildings & exterior paint job. Electrical system have been upgraded to add small kitchens/kitchenettes in all the rooms. With current lack of affordable housing supply, this property is positioned to benefit from conversion to multifamily.
MLS® ID:
1981716
Listed:
8/9/22
Updated:
10/4/22

Exterior/Building Features

Lot Size
3.19 acres lot
Exterior Features
Wood, Wood Products
Architectural Style
Multi Family
Lot Details
Curbs, Paved, Sidewalk
Roof
Composition
Sewer
Sewer Connected

School Information

High School
Tacoma

Other Property Details

Area Name
53 - South Tacoma
Garage
No
Parking
N
Parking Total
200.0
View
N
County
Pierce
Utilities
Sewer Connected, Electricity Available
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
9/6/22
Pending
-
-

Provided by NWMLS, Listed by Louis Voorhees, Westlake Associates, Inc.

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Data last updated 1:11 PM UTC, 10/4/22

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