This Hotel & Motel Property is Off-Market.

333 W. Drachman Street
Tucson, AZ 85705 ·

127 Rooms · Hotel & Motel For Sale

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EXECUTIVE INN & SUITES HOTEL

Price N/A Property Use Type Investment
No. Rooms 127 Cap Rate 11.77%
Building Size 72,392 SF Corridor Interior
Property Type Hotel & Motel Lot Size 2.90 AC
Property Sub-type Full Service
Listing ID: 16926614 Date Created: 11/22/2010 Last Updated: 02/08/2012

Description

The Tucson Executive Inn Hotel and Suites is currently DISTRESSED and thus is priced to sell immediately at a significantly reduced price of $1,999,000. All qualified offers will be considered. SOLD in 2007 for $5.2M
Expiration deadline is February 24, 2012.

The Hotel features 127 Guest Rooms, Banquet Room to accommodate 200 guests, Conference Room, Business Center, Restaurant and Lounge, Swimming Pool & Spa, Interior Corridors and plenty more.

Great strategic Central location in Tucson, AZ, just minutes from the University of Arizona and approximately 1/2 mile from Interstate 10 Freeway. Interstate 10 provides convenient access to both the Central Business District, as well as numerous employers along Interstate 10. In addition, the University of Arizona serves as a focal point of the community, offering a full calendar of great performances and events, from collegiate sports to world-class performing arts. Furthermore, the Tucson population is slightly over 1,000,000 and continues to be one of the fastest growing cities in the U.S. luring foreigners from all around the world, specifically, due to the ideal climate of virtually 360 days of sunshine year round and brilliant blue skies.

Research

333 W. Drachman Street, Tucson, AZ 85705 (Pima County)

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