This property is Off-Market
333 West Drachman Street
Tucson, AZ 85705 ·
131 Rooms · Hotel & Motel For Sale
Executive Inn & Suites
|Price||N/A||Property Use Type||Investment|
|Building Size||41,720 SF||Cap Rate||13.39%|
|Property Type||Hotel & Motel||Corridor||Interior|
|Property Sub-type||Full Service||Lot Size||2.89 AC|
|Listing ID: 17029452||Date Created: 02/16/2011||Last Updated: 02/28/2011|
The Executive Inn is a 131-room interior corridor, full service hotel, located in Tucson, Arizona. The subject property was constructed in 1960 and is made up of two separate parcels that are split up by a quiet public street, known as West Mabel Street; however, the hotel is operated as one component. The main structure houses a total of 36 rooms, as well as the swimming pool and other amenities. The sister building across the street houses a total of 95 rooms. The lender has elected to close down the property until a new owner takes over.
The property is located just off Interstate 10, a major artery, and the southernmost east-west, coast-to-coast highway. The Executive Inn is conveniently located in close proximity to downtown Tucson, the University of Arizona, as well as Pima Community College' s Downtown Campus.
In addition to the nearby colleges, the need for overnight accommodations is also supplied by nearby local demand generators, such as the Tucson Gem & Mineral Show, the Tucson Convention Center, Old Tuscany Studios, Davis-Monthan Air Force Base, Arizona-Sonora Desert Museum and the Tucson International Airport.
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