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Property Overview
Price/Rent PSF Inquire
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 35,000
Date Available 10/19/2018
Additional URL Link
Floors 1
Additional parameters Show
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Description

Location
Apache County is located in the northeastern corner of Arizona. The forested White Mountains and green pastures in the south of the County contrast sharply with the high, dry, colorful plateau region of the north.
The City of St. Johns is located approximately 18 miles west of the Arizona-New Mexico border, at an elevation of 5,730 feet. St. Johns is accessed from the north via Interstate 40 (approximately 50 miles) or from the south through Springerville (approximately 29 miles).
The Welcome Inn and Budget Inn motels are located on the north side of Commercial Street, just west of 2nd Street in the central part of St. Johns, Arizona.

Sale
BRING ALL OFFERS. This is a two-Hotel package deal. Both Hotels are exterior corridors and are former Days Inn and Super 8 by Wyndam Hotels. Both hotels are being offered unencumbered by franchise and management agreements. This is a great opportunity for first time buyers to own and operate multiple properties.
The properties are for sale under replacement cost. Both properties are being operated by two managers. With the acquisition of this portfolio, expenses can be reduced by consolidating management and operations. Call broker for more details.

Location

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