News blog for Seattle's Fremont neighborhood

 

Troubled hotels on Aurora up for auction

By Doug Alder · August 30th, 2010 · 3 Comments

A few months ago, we told you about a plan to put some Aurora Avenue hotels up for sale as part of a plea agreement over tax violations.  Now, we’ve learned both the Italia Hotel and the Isabella Hotel in the 4100 block of Aurora will go on the auction block September 10. 

Photo of both hotels from Google street view
 
The Puget Sound Business Journal reports the asking prices are $1.15 million for the Isabella and $650,000 for the Italia.  It appears there are no non-profit groups who want to use the properties as low-income housing and that the hotels will be torn down and redeveloped.




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