This Hotel & Motel Property is Off-Market.

234 E Route 66
Williams, AZ 86046 ·

16 Rooms · Hotel & Motel For Sale

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Grand Motel

Price N/A Cap Rate 8%
No. Rooms 16 No. Stories 1
Building Size 5,766 SF Year Built 1942
Property Type Hotel & Motel Lot Size 18,731 SF
Property Sub-type Economy/Limited Service APN / Parcel ID 20007013
Property Use Type Investment Parking Ratio 1 / 1,000 SF
Listing ID: 14586194 Date Created: 04/18/2006 Last Updated: 04/16/2008

Description

This 16 unit historic motel is located on Route 66 in Williams, the main road to the Grand Canyon from the west. The motel is listed on the National Register of Historic Places and is rated as the second top hotel in Williams by TripAdvisor. The current owner has upgraded the motel to refect its historic heritage and the motel units offer a variety of bed arrangements from one bed to three beds. In addition to the 16 motel units, there is a seperate lot available at the rear with a 350+ square foot rental house. The motel is also the local agent for U-Haul and the vehicles can be parked on the rental unit lot. The managers appartment in the motel is exceptionally large for this type of property and is extremely comfortable. The motel office leads into a dining room and there is a large sitting room overlooking Route 66. The kitchen has been refitted and there is a small office off the kitchen, that leads to a large bedroom and bathroom. The appartment has a cellar.

Traveling along the main west to east route through Williams (Route 66), go three blocks beyond the stop sign and the property is on the right.

Highlights

  • Motivated seller
  • Great location
  • Close to Grand Canyon
  • Scope for expanding income
  • Includes seperate commercial lot

Research

234 E Route 66, Williams, AZ 86046 (Coconino County)

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