Units
119
Gross SQFT
32,528
Year Built
1979/2015
Occupancy
33%
Property Type
Hospitality
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- OPERATIONAL UPSIDE – Absentee ownership presents a strong opportunity for hands-on management to improve efficiency and profitability.
- REVENUE GROWTH POTENTIAL – Currently performing at a 50% RevPAR index, showing significant room for revenue growth through rate stabilization and operations.
- ATTRACTIVE PRICING – Offered at a 3.1X RRM and $22,600 per key, presenting a compelling investment with strong value for its location and potential.
- OWNER & MANAGER LIVING QUARTERS – Includes a 1,000 square foot two-bed, two-bath owner’s suite and an 800 square foot two-bed, two-bath manager’s suite, providing convenient and comfortable living options for both staff and ownership.
- ROUTE 66 DESTINATION – Positioned along Historic Route 66, attracting road-trippers, tour groups, and international visitors exploring the famous highway.
- NEAR POPULAR ATTRACTIONS – A short drive from Petrified Forest National Park, the Painted Desert, and Meteor Crater, making it a convenient stop for outdoor enthusiasts and tourists year-round.
- HIGHWAY EXPOSURE – Located along I-40 between Albuquerque and Flagstaff, benefiting from steady highway traffic and demand from travelers passing through the region.
Broker of Record
- David Harrington
- License No. CO701910000 (AZ)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251