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10220 N Metro Pky E
Phoenix, AZ 85051
DoubleTree by Hilton Hotel Phoenix North · Hospitality Property For Sale
·
179,039 SF
Investment Highlights
- Seller Financing Options Available; Value Add Opportunity – Large Upside in Operations
- Located along the I-17, 40,000 Cars pass the Hotel Daily, Situated within the MetroCenter parking lot which is undergoing $850M Redevelopment
- Converted from Radisson to DoubleTree in 2018
- Close Proximity to many nearby attractions such as Castles & Coasters, Various Professional Sports Teams, and Casinos
- Hotel is on a Ground lease, Able to Purchase the land for $7M. 5.29 Acres, 3% of Gross Revenue, 33 years remaining (option to extend up to 99 years)
- Over 42 Million Tourists Visited Arizona in 2023, a $29.3B Economic Impact
Property Facts
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2019 |
| Building Class | B | Tenancy | Single |
| Lot Size | 5.34 AC | Parking Ratio | 0.61/1,000 SF |
| Building Size | 179,039 SF | Corridor | Interior |
| Zoning | C-R - Central | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.34 AC |
| Building Size | 179,039 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1986/2019 |
| Tenancy | Single |
| Parking Ratio | 0.61/1,000 SF |
| Corridor | Interior |
| Zoning | C-R - Central |
Amenities
- Balcony
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,260 | Total Assessment | $1,398,733 |
Property Taxes
Parcel Numbers
Land Assessment
$1,260
Improvements Assessment
$0
Total Assessment
$1,398,733
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