HomeTowne Studios Spokane Valley is a 112-key economic system prolonged keep resort positioned in a fast-growing Spokane submarket, providing traders constant year-round demand from logistics, healthcare, and training sectors with portfolio scalability.
Resort Overview
HomeTowne Studios Spokane Valley is a 112-key economic system prolonged keep resort positioned alongside the I-90 hall in Spokane Valley, Washington. Inbuilt 1998 and final renovated in 2006, the three-story, exterior-corridor property sits on roughly 2.03 acres. The resort presents a mixture of full and queen studio models, together with ADA-compliant rooms, every geared up with kitchenettes. Extra facilities embody visitor laundry amenities, elevator entry, and ample parking, which may accommodate buses and vehicles.
Market Context
Spokane County is one among Washington’s fastest-growing tourism markets. In 2023, the area welcomed roughly 9.8 million guests, producing $1.48 billion in direct spending and $368 million in lodging income. The Spokane Valley Tourism Promotion Space collected $1.4 million in 2024, reflecting constant demand for in a single day stays. Sports activities tourism has turn into a big driver, with new amenities contributing to over $86 million in enterprise gross sales. Spokane Worldwide Airport, situated simply 15 miles away, helps each drive-to and fly-in demand throughout the Inland Northwest.
Demand Drivers
The resort advantages from proximity to main employment and training anchors. Gonzaga College, Spokane Neighborhood School, and the WSU Well being Sciences campus are all situated inside a brief drive, alongside MultiCare Valley Hospital and the 600-acre Spokane Enterprise & Industrial Park, residence to greater than 120 firms. The brand new $55 million Spokane Valley Performing Arts Middle, scheduled to open in 2025, will additional strengthen regional event-driven lodging demand. These establishments generate constant occupancy from healthcare professionals, contract labor, college students, and visiting households.
Funding Upside Potential
At the moment encumbered by model, HomeTowne Studios Spokane Valley could also be delivered unflagged for comparatively minor liquidated damages. This supplies possession flexibility to reposition underneath a brand new model, function independently, or pursue adaptive reuse methods corresponding to micro-apartments, pupil housing, or workforce rental models.
Situated in a business-friendly submarket with decrease overhead in comparison with downtown Spokane, the property presents each near-term operational upside and long-term redevelopment potential. Accessible as a person acquisition or as half of a bigger prolonged keep portfolio, this asset aligns with scalable development methods throughout the Pacific Northwest.
Name For Gives
The Name for Gives is scheduled for September 17, 2025, at 5:00 PM (PST).
View Itemizing for HomeTowne Studios Spokane
Disclaimer: The constructing and parcel sizes are approximate. All data is obtained from sources deemed dependable and is topic to purchaser verification. All property excursions should be organized by means of the dealer. Don’t contact the property or workers.