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1046 E Pima Street - Knights Inn - Phoenix, Gila Bend, AZ

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1046 E Pima Street - Knights Inn - Phoenix

Gila Bend, AZ 85337 - Southwest Outlying Submarket

Property Type:Hospitality Number of Rooms:60 Status:Existing Year Built:1964
Stories:1 Building Size:25,841 SF Land Area:2.65 AC (115,434 SF)
For Sale Price:$1,100,000 Price/Room:$18,333 Cap Rate:-

Parking:2.9 Parking Spaces / 1,000 SF

Sale Notes:
Newgen Commercial Realty are pleased to offer for sale the Knights Inn, a two-story exterior corridor limited service hotel built in 1964 on 2.82 acres. This hotel is situated off East Pima Street on the main road of Gila Bend. The Knights Inn is an ideal stop for truck drivers passing through the southwest corridor and travelers seeking a hotel stay at an affordable price. The 60-room, exterior corridor property is centrally located in Gila Bend for the expense conscious traveler.

Named for the big bend in the Gila River, Gila Bend figures prominently in the early history of the Southwest. Located on an historic route of travel, for centuries Gila Bend has been a place for weary travelers to stop and rest. The small town of approximately 1,900 people is in the southwestern portion of Maricopa County, 70 miles southwest of Phoenix.

Recent improvements at the Knights Inn include new roofs in 2014, 15 new HVAC units, upgrades to the bathroom in 2014, and new water heaters in 2013.

NewGen Commercial Realty
Dinesh S Rama
(602) 648-2700

Ryan Bodine
(480) 236-9918

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