3526 E Benson Hwy - Hospitality FOR SALE


Tucson, AZ 85706- Los Ranchitos
$1,175,000 USD
509-669-3930
3526 E Benson Hwy, Tucson, AZ for Sale
$1,175,000 USD
Hospitality - FOR SALE
1/40
null | 7.34% Cap Rate

3526 E Benson Hwy
Tucson, AZ 85706
Los Ranchitos


HIGHLIGHTS

  • Motel-to-Apartment Conversion Opportunity with Defined Value-Add Strategy
  • Pride of Ownership Asset with Strong Physical Condition
  • Diversified Income from 18 Motel Units and Five RV Spaces
  • Paved Parking and On-Site Laundry Enhance Resident Appeal
  • Long-Term Stability Through Residential Conversion
  • Established Demand Drivers Along the Benson Highway Corridor

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire the Scotsman Motel, an 18-unit motel situated at 3526 E Benson Highway in Tucson, Arizona, offered for sale as a compelling conversion and value-add opportunity. The property includes five additional RV spaces, paved parking, and on-site laundry, and has been maintained as a pride of ownership asset. The Scotsman Motel presents investors with an actionable path to convert the existing motel units into long-term apartments, providing stable, recurring income and significant upside in a proven Tucson submarket.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$131 USD /SF

# OF ROOMS

18

PRICE/ROOM

$65,278 {currency}

CAP RATE

7.34%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scotsman Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,170 SF

ZONING

MU(AE), Pima County

APN/PARCEL ID

140-09-0080

ASK ABOUT THIS PROPERTY

Joe BoyleMMGMore Info
509-669-3930

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Joe BoyleMMGMore Info
509-669-3930

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