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HomeTowne Studios Tacoma-Puyallup
2101 N Meridian Puyallup WA 98371
Listing #: 701390 | Status: Pending | Last Modified: 4/22/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 11.43 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 133 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 133 |
| Total Building SF | 43,164 SF |
| Net Rentable Area | 300 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 171,191 SF |
| Acres | 3.93 |
| Year Built | 1999 |
| Year Renovated | 2015 |
| Construction Type | Concrete |
| Property Type | |
|---|---|
| Property Type | Hotel/Motel |
| Location | |
|---|---|
| County | Pierce |
| Market Area | Puyallup/Sumner |
| Tax ID # | 0420226025 |
| Zoning | CG |
Extended Stay Hotel Near Year-Round State Fair Eve
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
HomeTowne Studios Tacoma-Puyallup
2101 N Meridian Puyallup WA 98371
Listing #: 701390 | Status: Pending | Listing Date: 8/18/2025 | Last Modified: 4/22/2026 | Email Listing
For Sale
HomeTowne Studios Tacoma-Puyallup
