Tacoma · Commercial sale
GDS 1 Group buys 9920 S Tacoma Way in Lakewood for $8.2 million
A hotel at 9920 S Tacoma Way, Lakewood sold for $8,200,000 on July 31, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $8,200,000
- Sold
- July 31, 2026
- Property type
- Hotel
- Building area
- 43,366 sq ft
- Price per sq ft
- $189
- Year built
- 1982
A hotel at 9920 S Tacoma Way in Lakewood sold for $8,200,000 on July 31, 2026, according to the Pierce County Assessor-Treasurer's sales records. The price represents a 19% jump over the property's market value of $6,918,900 on record.
GDS 1 Group LLC purchased the property from Golden Given LLC. The 43,366-square-foot building, constructed in 1982, sits on a 2.65-acre lot, putting the sale price at $189 per square foot, according to the Assessor's records.
The sale marks a 14% increase over the most recent earlier sale on record of $7,170,000 in 2020.
What this sale costs to close
What does closing cost at this price? Under Pierce County custom the seller's larger charges are $215,075 for the state real estate excise tax (graduated) and $41,000 for the local real estate excise tax (0.50%). The seller's estimated net is $7,883,390 before brokerage commissions and any loan payoff. A cash buyer would need about $8,158,140 at closing.
Source: Pierce County Assessor-Treasurer, sales data downloads, document 4696376. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
