Updated Aug 12, 2025
SOLDHotel
Braemar Hotels And Resorts Sells Marriott Seattle Waterfront Hotel For 145 Million
2100 Alaskan Way
$145,000,000
Building Size
—
Asset Type
Hotel
Closing
Aug 11, 2025
About this deal
AI
The 369-room Marriott Seattle Waterfront hotel at 2100 Alaskan Way in Seattle, WA was sold for $145,000,000.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: $145,000,000
- Address: 2100 Alaskan Way
- Market: Seattle, WA
- Seller: Braemar Hotels & Resorts Inc
- Keys: 369
- PPK: $392,954
- Cap Rate: 8.1% (trailing 12-month NOI)
The seller, Braemar Hotels & Resorts Inc, is identified in the documentation; the accompanying note states that no further property sales are planned by the seller this year.
On the Map
$145,000,000
Hotel
View full map
Players
Seattle Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93