1989 Navajo Blvd - Hospitality FOR SALE


Holbrook, AZ 86025
$3,300,000 USD
602-946-4371
1989 Navajo Blvd, Holbrook, AZ for Sale
$3,300,000 USD
Hospitality - FOR SALE
1/3
null | 12.12% Cap Rate

1989 Navajo Blvd
Holbrook, AZ 86025


HIGHLIGHTS

  • Value-add Super 8 hotel with 74 keys and ±26,680 SF in Holbrook, AZ.
  • On-site two-bedroom manager’s apartment for owner-operator upside.
  • High visibility on Route 66 with 25,000+ vehicles per day traffic counts.
  • Proximity to Petrified Forest National Park with 800,000 annual visitors.
  • Major renewable energy projects nearby drive multi-year workforce demand.
  • List price $3,300,000, pro forma NOI $400,000, and $44,595 per key.

OVERVIEW

David Harrington Matthews Real Estate Investment Services, Inc License # CO701910000, BR715518000 (AZ) 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$124 USD /SF

# OF ROOMS

74

PRICE/ROOM

$44,595 {currency}

CAP RATE

12.12%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Holbrook

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

MUNICIPAL

APN/PARCEL ID

109-28-034B

ASK ABOUT THIS PROPERTY

Hunter DavisMatthews Real Estate Investment ServicesMore Info
602-946-4371

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Hunter DavisMatthews Real Estate Investment ServicesMore Info
602-946-4371

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.