805 N, 805 Cacheris Ct, Casa Grande, AZ 85122, USA
Hospitality
for Sale
from January 03, 2022
Description
LocationThe Holiday Inn Express & Suites is located along Interstate 10 (which provides direct access to Phoenix approximately 1 hour to the north and Tucson 1 hour to the south). Situated adjacent to the Interstate, the Holiday Inn Express & Suites is located along a primary transportation route directly across the street from numerous travel plaza/truck facilities, new restaurants/bars, and new shopping retail centers.
Holiday Inn Express & Suites is located within close proximity to the area’s demand generators and development projects described further in this text. Robson Ranch Golf and Country Club, a master-planned live/play development is located nearby. Multiple towns are located nearby including Eloy, Arizona City, and Coolidge, and there are multiple existing demand generators including the Central Arizona Raceway, multiple correctional facilities, Skydive Arizona at Eloy Municipal Airport, Promenade at Casa Grande for shopping, and the Casa Grande Ruins National Monument.SaleNewGen Advisory is proud to announce the exclusive sale of the Holiday Inn Express & Suites in Casa Grande, Arizona. This interior corridor hotel features 77 units, three stories, large common areas, spaces include but not limited to an outdoor pool/spa, business center, and fitness center. Property is situated on a 1.79 acre parcel located 45 minutes from Phoenix, Arizona.
Formula Blue Package Renovation is in process and estimated to be completed by Q4 2021. Holiday Inn Express & Suites is located within close proximity to the area’s demand generators and development projects such as Lucid Motors and Nikola which plan to bring in over 2,000 jobs by 2023.
In addition, Seller owns a 4.65 acres of commercial land parcel near the subject property. It has already been PreApproved by IHG Development for a Holiday Inn and/or Multi-Family Housing Development. Seller seeks to sell commercial land parcel with Hotel for an additional price or separate if desired.
Please contact Jigar "Jay" Desai for more information.
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.
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