CIP Exclusive - IN CONTRACT Extended Stay Hotel Near Year-Round State Fair Events HomeTowne Studios Tacoma-Puyallup is a 133-key extended stay hotel located in the high-demand Seattle–Tacoma metro. The exterior-corridor asset features queen studio units with kitchenettes, supporting long-term stays tied to workforce housing, relocation, and contract demand. Brand termination is available for minimal liquidated damages, and Multi-Family Tax Exemption (MFTE) zoning creates flexibility for adaptive reuse. A new owner can capitalize on operational inefficiencies, strong submarket fundamentals, and multiple paths to reposition or convert. This hotel is available individually or as part of a larger extended stay portfolio. For more information, please view the Offering Memorandum. Building s