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La Quinta Inn & Suites Phoenix I-10 West 4929 W McDowell Rd 67 Room Hotel Phoenix, AZ 85035 For Sale
Investment Highlights
- $2.2M+ Room Revenue - Consistent Last 5 Years
- SBA & Conventional Financing Options Available
- Top 5 MSA which brings in over 42 million tourists per year
- 3.6X's RRM including PIP
- Minimal PIP – $300k
- Growing Market - Phoenix increased nearly 4% (over 60k) in population over the past 4 years
Executive Summary
Presenting an exceptional hospitality investment opportunity at 4929 W Mcdowell Rd, Phoenix, AZ. This property holds 67 keys, providing an ideal foundation for a thriving limited-service hospitality venture. Renovated in 2018, the property exudes contemporary appeal with a commitment to guest comfort. Its prime location, just off the I-10 Interstate, offers unparalleled accessibility and exposure to over 200,000 daily vehicles. With its strategic proximity to Grand Canyon University and major Phoenix attractions, this property promises to attract a steady flow of visitors. Situated in a rapidly growing MSA, this property represents a compelling investment opportunity within the vibrant Phoenix area.
Please visit https://www.tammenhospitality.com/exclusive-listings?propertyId=laquintaphoenixi10west to view Due Diligence.
Please visit https://www.tammenhospitality.com/exclusive-listings?propertyId=laquintaphoenixi10west to view Due Diligence.
Property Facts
| Sale Type | Investment | No. Rooms | 67 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2006 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.00 AC | Parking Ratio | 1.81/1,000 SF |
| Building Size | 37,074 SF | Corridor | Interior |
| Zoning | I-P | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 37,074 SF |
| No. Rooms | 67 |
| No. Stories | 3 |
| Year Built | 2006 |
| Tenancy | Single |
| Parking Ratio | 1.81/1,000 SF |
| Corridor | Interior |
| Zoning | I-P |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 13 | $159.00 | - |
| Guest Room | 54 | $143.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 103-31-027 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $636,000 |
Property Taxes
Parcel Number
103-31-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$636,000
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Presented by
Tammen Hospitality Partners
La Quinta Inn & Suites Phoenix I-10 West | 4929 W McDowell Rd
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