Sage Investment Group Buys 123-Room Motel 6 in Kirkland for $15.5MM with Plans for Residential Conversion

Sage Investment Group Converting Kirkland Motel 6 to Attainably Priced Workforce Housing

The Kirkland-based organization, which buys motels and converts them to what it calls attainable workforce housing, has purchased its first property in the city it calls home.

Sage Investment Group Buys 123-Room Motel 6 in Kirkland for $15.5MM with Plans for Residential Conversion

By The Registry Staff Another hotel property in the Puget Sound region has traded hands. Sage Investment Group has closed on the 123-room Motel 6 located at 12010 120th Pl NE in Kirkland with plans to convert the property into studio apartments that will provide workforce housing for local residents, according to an announcement from the firm. This project marks Sage’s first development in Kirkland. According to King County public records, the s…