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Comfort Inn I 10 West @ 51st Avenue 5152 W Latham St 122 Room Hotel Phoenix, AZ 85043 For Sale
Investment Highlights
- Stable base business with value-add upside
- Convenient location
- Fee simple, unencumbered by management
- Opportunity in a high-growth, supply-constrained market
- Offered well below replacement cost
Executive Summary
Cushman & Wake?eld has been exclusively retained to offer for sale the fee-simple interest in the 122-room Comfort Inn I-10 West @ 51st Avenue Phoenix (the “Hotel” or “Property”). The Property is located just east of the con?uence of the I-10 and Loop 202 expansion, providing great visibility and access in the thriving high-barrier Phoenix market.
The recent expansion of Loop 202 has signi?cantly enhanced regional connectivity, with more than 100,000 vehicles traveling the corridor daily. This infrastructure investment has catalyzed substantial economic development throughout the West Phoenix submarket, attracting new businesses, retail centers, and industrial hubs in close proximity to the Hotel.
Located approximately ten minutes from Downtown Phoenix, the Property bene?ts from proximity to many of the region’s largest demand generators, including Phoenix Sky Harbor International Airport, Phoenix Raceway, Talking Stick Resort Amphitheatre, State Farm Stadium, Footprint Center, and Chase Field. The Hotel is also located near several major educational institutions, including Grand Canyon University, Universal Technical Institute, Arizona State University Downtown Phoenix Campus, and the University of Arizona College of Medicine – Phoenix.
Originally developed as a Hampton Inn, the Hotel offers investors a compelling opportunity to acquire a well-built interior-corridor asset at a signi?cant discount to replacement cost. With an established base of business and meaningful operational upside, the Property presents a strong value-add investment opportunity in the rapidly expanding West Phoenix submarket.
The recent expansion of Loop 202 has signi?cantly enhanced regional connectivity, with more than 100,000 vehicles traveling the corridor daily. This infrastructure investment has catalyzed substantial economic development throughout the West Phoenix submarket, attracting new businesses, retail centers, and industrial hubs in close proximity to the Hotel.
Located approximately ten minutes from Downtown Phoenix, the Property bene?ts from proximity to many of the region’s largest demand generators, including Phoenix Sky Harbor International Airport, Phoenix Raceway, Talking Stick Resort Amphitheatre, State Farm Stadium, Footprint Center, and Chase Field. The Hotel is also located near several major educational institutions, including Grand Canyon University, Universal Technical Institute, Arizona State University Downtown Phoenix Campus, and the University of Arizona College of Medicine – Phoenix.
Originally developed as a Hampton Inn, the Hotel offers investors a compelling opportunity to acquire a well-built interior-corridor asset at a signi?cant discount to replacement cost. With an established base of business and meaningful operational upside, the Property presents a strong value-add investment opportunity in the rapidly expanding West Phoenix submarket.
Property Facts
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1997/2011 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.08/1,000 SF |
| Lot Size | 3.46 AC | Corridor | Interior |
| Building Size | 60,002 SF | Opportunity Zone |
Yes
|
| No. Rooms | 122 | ||
| Zoning | A-1, Phoenix | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.46 AC |
| Building Size | 60,002 SF |
| No. Rooms | 122 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2011 |
| Tenancy | Single |
| Parking Ratio | 2.08/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | A-1, Phoenix |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 122 | $93.00 | - |
Property Taxes
| Parcel Number | 103-30-293A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $755,669 |
Property Taxes
Parcel Number
103-30-293A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$755,669
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Comfort Inn I 10 West @ 51st Avenue | 5152 W Latham St
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