12803 E Sprague Ave
Spokane Valley WA 99216
HomeTowne Studios Spokane Valley
12803 E Sprague Ave Spokane Valley WA 99216
Listing #: 701274 | Status: Available | Last Modified: 4/16/2026 |
For Sale
- Phone:(503) 706-1054
- Email:michelle@crystalip.com
- Office Name:Crystal Investment Property LLC
- Office Phone:(503) 530-1316
- Office Website:www.crystalip.com
- Agent Phone:(503) 530-1316
- Agent Email:joe.kennedy@crystalip.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 6,500,000.0
- $/SF$ 168.0
- $/Unit$ 6,500,000.0
- Listing StatusAvailable
- Days on Market262
- Asset ClassMulti-Family, Hotel/Motel
- Terms
- Investment Type
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF38700
- Net Rentable Area38700
- Total Office SF
- Largest Contiguous SF
- Lot SF88514
- Acres2.03
- Property TypeHotel/Motel
- Office Type
- Building Class
- CountySpokane
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaSpokane Valley
- Tax ID #45153.3934
- Additional Parcels
- ZoningCMU
- Year Built1998
- Year Renovated2006
- Completion Date
- Roof Type
- Construction TypeFramed
HomeTowne Studios Spokane Valley
Extended Stay Hotel With Repositioning Potential. HomeTowne Studios Spokane Valley is a 112-key, economy scale extended stay hotel located on ~2.03 acres along the I-90 corridor in Spokane Valley. The three-story, exterior corridor asset offers a mix of full and queen studio units, including ADA-compliant rooms, all featuring kitchenettes. Built in 1998 and last renovated in 2006, the property is currently encumbered by brand but may be delivered unflagged for relatively minor liquidated damages, offering ownership flexibility for repositioning, integration, or independent operation. The property sits within minutes of key employment, education, and healthcare drivers, including Gonzaga University, Spokane Community College, and MultiCare Valley Hospital. The area is home to the 600-acre S







