Historical Hotel & Motel Sale Listing - Executive Inn & Suites

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Executive Inn & Suites

333 West Drachman Street, Tucson, AZ 85705

N/A

131 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
131
Building Size:
41,720 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Distressed:
Yes
Cap Rate:
13.39%
Corridor:
Interior
Lot Size:
2.89 AC
Listing ID
17029452
Last Updated
over 1 year ago

Description

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.

Map of 333 West Drachman Street, Tucson, AZ 85705 (Pima County)

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