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Puyallup-Based Investor Group Pays $14.5MM for 155-Room La Quinta Inn & Suites Tacoma
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Puyallup-Based Investor Group Pays $14.5MM for 155-Room La Quinta Inn & Suites Tacoma
A consortium of South Puget Sound–based hotel investors has acquired the 155-room La Quinta Inn & Suites by Wyndham Tacoma – Seattle for $14.5 million, picking up a full-service midscale asset on Tacoma’s Interstate 5 corridor at a price that reflects the value reset that has overtaken select-service hotel ownership since the financing environment shifted in 2023. Pierce County records show SB SeaTac LLC, Federal Way Motor Inn LLC, and Kaur & Ka…
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