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Browse More Listings in Hotel & Motel For Sale, Tucson, AZ or Arizona

Hotel / Motel For Sale

Tuscon Extended Stay Motel- "OWNER SAYS SELL",

219 W. Fort Lowell Rd, Tucson, AZ 85705

Price:
$1,550,000
No. Rooms:
58
Building Size:
19,500 SF
Price/Room:
$26,724.14
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Vacant/Owner-User
Corridor:
Yes
Lot Size:
1.35 AC
Find Out More...

Last Verified 11/9/2009 Listing ID 16433505

Description

OWNER WILL CONSIDER ALL REASONABLE OFFERS AND CREATIVE FINANCING WILL BE CONSIDERED. DON'T OVER LOOK A CHANCE TO GET A GREAT INCOME PRODUCING PROPERTY AT EXCELLENT TERMS. The property consists of 58 units that catering to extended stay guests. This hotel offers accommodations that are perfect for temporary housing catering to both the business and leisure traveler. Most rooms have kitchenettes. This would be a perfect location to cater to student housing at the University of Arizona.

Current owners of the property are out of state. This is an ideal property for an owner operator that can do the day to day work with out employees.

The majority of the guest pay cash for the rooms and the guests feel a sense of pride in their surroundings.

The price per room is currently way under the Tucson average and could be increased.

Located minutes from the University of Arizona, Tucson.

Map of 219 W. Fort Lowell Rd, Tucson, AZ 85705 (Pima County)

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Presented by

Cassedy & Associates, LLC

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Contact Listing Broker

Matt Cassedy (480) 857-7449

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Created 10/15/2009

Additional Information for 219 W Fort Lowell Road, Tucson, AZ 85705

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 2 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Tuscon Extended Stay Motel- "OWNER SAYS SELL",

219 W. Fort Lowell Rd, Tucson, AZ, 85705