NewGen Advisory is proud to present for sale the fee simple interest, in the 116 room Ramada Inn located in thriving Tempe, Arizona.The hotel is already zoned by right to be converted to market rate or affordable housing apartments, with full support from the local town of Guadalupe. Considering that the hotel is already approved to be converted to apartments and consists of oversized rooms that are sprinkled throughout the rooms and the entire property, makes this building an ideal hotel to apartment conversion opportunity in a community where additional housing is in immediate need.