NewGen Advisory is proud to present the GLH Hotel located in Tucson, Arizona. Listed under replacement cost, this hotel is a great opportunity for an investor looking for a turn key property with a great return.
This is an ideal opportunity for either an owner/operator or for an alternative use investor looking to repurpose this to a more productive use. Whether the property be kept as a motel or be changed into apartments, affordable housing or operate as a non-profit shelter - the property will thrive. The City is in full support for these conversion projects due to Tucson's severe housing shortage. The property sits on close to 6 acres or land and features 148 guest rooms with over 520 parking spots. A large 16,000 sqft ballroom is also included in the sale along with a liquor license.