This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.com.

3037 E Van Buren St
Phoenix, AZ 85008
SureStay by Best Western Phoenix Airport · Hospitality Property For Sale · 39,876 SF

INVESTMENT HIGHLIGHTS

  • Close to Sky Harbor Airport (8th busiest Airport in the US)
  • Only BW Branded Franchise by the Airport
  • 3.6 TTM Revenue
  • Airport only new VA Hospital across the street opening May 2022.
  • 95% year-round occupancy

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.47 AC
Building Size 39,876 SF
No. Stories 2
Year Built/Renovated 1964/2019
Tenancy Single
Parking Ratio 5.02/1,000 SF
Corridor Exterior
Zoning C-3, Phoenix - Commercial

AMENITIES

  • Business Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ABOUT 3037 E VAN BUREN ST , PHOENIX, AZ 85008

The SureStay Hotel at Phoenix Sky Harbor Airport is 95 room Best Western-branded property located in Downtown Phoenix within minutes of one of the busiest airports in the nation, and nestled between one of the nations’ largest and fastest growing freeway systems. The prime location and amenities of the SureStay Hotel coupled with the prestige reputation of Best Western branded properties caters exclusively to business travelers and airport traffic, boasting an impressive and consistent 95% occupancy rate. The Property was thoroughly renovated and converted to the SureStay brand and features an onsite laundry facility, business center and meeting room, business facilities, Wifi, restaurant/bar space, an outdoor pool, and 24 hour shuttle to Phoenix Sky Harbor Airport. The Property maintains a room mix that includes both king-size rooms and double queen size rooms, each equipped with various room amenities such as microwaves, jetted tubs, flat-screen televisions, and refrigerators. This is an unparalleled investment opportunity in a proven growth market with demand outpacing supply, superiorly positioned within the Phoenix network of interstate systems and located within the prime airport district near key demand generators, businesses, and attractions. Exceptional 2021 Performance with a $3.6 Million trailing 12 month revenue. For the 2nd year in a row, SureStay Hotel Group ranked highest in guest satisfaction among economy hotel chains by J.D. Power! Best Western Hotels & Resorts is a privately held hotel brand with a global network of more than 4,100 hotels in over 100 countries and territories worldwide. Now celebrating 69 years of hospitality, Best Western provides its hoteliers with global operational, sales and marketing support, and online and mobile booking capabilities that gives value-oriented travelers an exceptional travel experience at an affordable price. Backed by the power of Best Western Hotels & Resorts, SureStay Hotel Group hotels operate independently while retaining the support of a strong and established brand. From hotel operations to marketing and sales, SureStay Hotel Group’s dedicated team is committed to driving revenue and value to all hotels.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
121-66-029A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$335,174
  • Listing ID: 25358381

  • Date on Market: 3/30/2022

  • Last Updated:

  • Address: 3037 E Van Buren St, Phoenix, AZ 85008

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}