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Embassy Suites by Hilton Phoenix Tempe 4400 S Rural Rd 224 Room Hotel Tempe, AZ 85282 For Sale
Investment Highlights
- The Embassy Suites will be delivered unencumbered of management.
- The hotel provides an opportunity for a new owner to acquire a high-quality branded lodging property at a significant discount to replacement cost.
- While all the rooms have been renovated recently, the public areas and exterior façade have not, presenting an opportunity for value enhancement.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Embassy Suites by Hilton Phoenix Tempe. Positioned directly off Highway 60, the hotel provides convenient access to Arizona State University, Phoenix Sky Harbor Airport, Tempe Marketplace, Tempe Diablo Stadium, and Phoenix Convention
Center. This offering presents a unique opportunity to acquire a premium full-service asset with significant potential for value enhancement in a thriving submarket of the Phoenix metropolitan area.
Center. This offering presents a unique opportunity to acquire a premium full-service asset with significant potential for value enhancement in a thriving submarket of the Phoenix metropolitan area.
Property Facts Under Contract
| Sale Type | Investment | No. Rooms | 224 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2012 |
| Building Class | B | Parking Ratio | 2.29/1,000 SF |
| Lot Size | 8.10 AC | Corridor | Interior |
| Building Size | 156,663 SF | ||
| Zoning | PCC-1, Tempe | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.10 AC |
| Building Size | 156,663 SF |
| No. Rooms | 224 |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2012 |
| Parking Ratio | 2.29/1,000 SF |
| Corridor | Interior |
| Zoning | PCC-1, Tempe |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- On-Site Retail
- On-Site Bar
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 224 | $149.00 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 133-41-002Z | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,221,325 |
Property Taxes
Parcel Number
133-41-002Z
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,221,325
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Embassy Suites by Hilton Phoenix Tempe | 4400 S Rural Rd
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