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Quality Inn Phoenix Airport

Listing was updated on: 10/08/2019
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Property Overview

Price/Rent PSF $ 8,995,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 3,104
Date Available 10/08/2019
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Floors 4
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Description

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Sale
NewGen Advisory and Marquee Commercial Lodging Advisors are proud to present our newest exclusive listing of the Quality Inn Airport Phoenix. The stabilized, 188 Rooms, 4 Stories all concrete building, features an outdoor swimming pool, fitness center, and3 meeting rooms. Located on Interstate 10 and Elliot Road the property is less than 10 minutes from Sky Harbor International Airport, less than 7 miles from Arizona State University, and 12 Miles from downtown Phoenix. The new owner has multiple brand options and re-positioning opportunities to increase the value of the property. Listed for less than $48,000 per key, the new owner will be acquiring this hotel at well below replacement cost in the center of one of the fastest growing cities in the country.

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